A presentation on report "Relevance of Plastic Money over Paper Money in India".A presentation Summer Field Research Report in SURAT & AGRA.

1. SUMMER INTERNSHIP REPORT
“Relevance of Plastic Money Over Paper Money in India”
25-09-2017
Research Guide: Submitted By:
Ms. Sharda Vyas Gautam Chopra
Assistant Professor BBA-V
SOCM Finance & Accounts

2. FLOW OF PRESENTATION
OBJECTIVES
INTRODUCTION
RESEARCH METHODOLOGY
DATA ANALYSIS
CONCLUSION

3. OBJECTIVES
 Primary Objective:
To know the perception of people towards plastic money.
Secondary Objective:
To know the usage of plastic money in the daily life of consumers
To know the perception of people in relevance to the Role of Plastic money to
curb black money from the economy.
To find out which is the most reliable source of payment for people in the two
selected cities.

4. INTRODUCTION
 Plastic money or polymer money, made out of plastic, is a new
and easier way of paying for goods and services.
Paper Money is money made up of paper. The official paper
currency that is circulated for transaction related purposes.

5. RESEARCH METHODOLOGY
1. Area/ Location of which sample has been taken:
Surat, Gujarat
Agra, Uttar Pradesh
2. Sampling Size:
Surat = 102 respondents
Agra = 100 respondents
Total sample size = 202
3. Sampling Unit:
All individuals who were eligible to use and who have plastic money.
All individuals above 18 years of age.

6. 4. Sampling Technique:
Convenience sampling
Simple random sampling.
5. Mode of Data Collection:
 Primary Data Source: Scheduling Questionnaire
 Secondary Data Source: Online articles, reports, etc.

7. DATA ANALYSIS

8. 43.68%
54.63%
22.33%
25.77%
33.98%
19.58%
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
SURAT AGRA
CONVINIENCE OF RESPONDENTS WHILE PAYING (SURAT & AGRA)
CASH CARD BOTH CASH & CARD

9. 63.68%
76.69%
22.68%
20.38%
1.34%
2.91%
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
90.00%
SURAT AGRA
RESPONDENT’S PREFERENCE TO CARRY WHILE TRAVELLING (SURAT & AGRA)
CASH CARD TRAVELLERS CHEQUE

10. 6, 22%
5, 19%
13, 48%
3, 11%
REASON FOR NOT PREFFERING
PLASTIC MONEY (SURAT)
INSTABLE INCOME
LACK OF KNOWLEDGE
MALPRACTICES BY OUTLET
OWNERS
LACK OF TRUST MISUSE BY
OTHER
18, 22%
5, 6%
59, 72%
REASON FOR NOT PREFFERING PAPER
MONEY (SURAT)
FEAR OF THEFT
INCREASING DUPLICITY
WEAR & TEAR

11. 8, 19%
7, 16%
3, 7%
25, 58%
REASON FOR NOT PREFFERING PLASTIC
MONEY (AGRA)
INSTABLE INCOME
LACK OF KNOWLEDGE
MALPRACTICES BY OUTLET
OWNERS
LACK OF TRUST MISUSE BY
OTHER
21, 38%
26, 46%
9, 16%
REASON FOR NOT PREFFERING PAPER
MONEY (AGRA)
FEAR OF THEFT
INCREASING DUPLICITY
WEAR & TEAR

12. 84%
16%
Do you think Plastic Money will
peneterate more in future? (SURAT)
AGREE DISAGREE
81%
19%
Do you think Plastic Money will
peneterate more in future? (AGRA)
AGREE DISAGREE

13. 80
23
0 10 20 30 40 50 60 70 80 90
YES
NO
MORE & MORE TRANSACTIONS TRHROUGH CREDIT
CARD & DEBIT CARD WILL HELP TO CURB BLACK
MONEY CIRCULATION IN ECONOMY? ( SURAT)
YES
63
30
4
0 10 20 30 40 50 60 70
YES
NO
NO COMMENTS
MORE & MORE TRANSACTIONS TRHROUGH CREDIT
CARD & DEBIT CARD WILL HELP TO CURB BLACK
MONEY CIRCULATION IN ECONOMY? ( AGRA)
YES

14. PLASTIC
MONEY
18%
PAPER
MONEY
82%
WHICH HAS MORE LIFE?
(SURAT)
PLASTIC MONEY PAPER MONEY
PLASTIC MONEY
27%
PAPER MONEY
73%
WHICH HAS MORE LIFE?
(AGRA)
PLASTIC MONEY PAPER MONEY
+ = PAPER
MONEY,
77%
PLASTIC
MONEY
23%
WHICH HAS MORE LIFE?
PAPER MONEY PLASTIC MONEY

15. 65%
35%
CREDIT CARD IS EXPENSIVE
OR NOT? (SURAT)
YES NO
80%
20%
CREDIT CARD IS
EXPENSIVE OR NOT?
(AGRA)
YES NO
+ = 72%
28%
CREDIT CARD IS EXPENSIVE
OR NOT?
YES NO

16. VIEWS OF RESPONDENTS ON FUTURE OF CASH
& CARD (SURAT)
• LESS CASH & MORE CARD-2
• CARD WILL CIRCULATE
• EQUALLY BE USED
• CARD
• CASH WILL BE USED-3
• CARD WILL BE USED MORE-4
• BOTH WILL BE USED-5

17. VIEWS OF RESPONDENTS ON FUTURE OF CASH & CARD (AGRA)
• PLASTIC MONEY WILL BE CIRCULATED WITH MORE FACILITIES
• GOOD
• ONLY CARD WILL CIRCULATE & CASH WILL DISAAPEAR LIKE FOREIGN COUNTRIES
• CARD IS BETTER
• CARD IS MORE FAVOUURABLE- 11
• NIL
• CARD HAVING BRIGHT FUTURE
• NO COMMENTS-2
• BRIGHT FUTURE OF CARD
• LESS CASH MORE CARDS-2
• INCREASE IN USED OF CARD-2
• MORE USEDOF CARDS- 7
• CAN’T SAY
• CASH WILL BE USED BY EVERY PERSON & THE CASH WILL INCREASE, CARD WILL ALSO INCREASE BUT ONLY IN MIDDLE CLASS & UPPER CLASS SOCIETY
• BOTH WILL BE USED-8
• CASH IS MORE RELIABLE SO PEOPLE WILL USE MORE CASH THAN CARD-4
• NO CASH ONLY CARD & CHEQUE-4
• CASH WILL NOT BE USED AS MUCH AS CARD
• CASH WILL BE USED IN LESS AMOUNT
• MODI IS GOING TO LOOSE ( SAURABH GOYAL)

18. DATA ANALYSIS

19. CONCLUSION
Increased preference & trust towards plastic money.
Increased awareness – Boost in Indian economy.
Even after demonetisation more than 45% of people give
preference to Paper Money.
More than 70% of people think that more and more
transaction of plastic money will help to curb black money
from the economy.

20. BIBLIOGRAPHY
• ARTICLES:
• “Planning to bring Plastic Money in Economy” By: Alvares, Cliford
• “Plastic Cards in Japan” By: Goldwasser, Joan
• “competitive advantage held by conventional credit card “ By: Stone, Daniel
• LINKS:
• http://indianexpress.com/article/news-archive/web/46-indian-credit-card-users-worry-about-frauds/
• http://ijmms.in/sites/ijms/index.php/ijmms/article/view/138/143
• https://www.slideshare.net/indernegi921/plastic-money-33457540
• http://en.wikipedia.org/
• https://www.statista.com/statistics/279257/number-of-credit-cards-in-circulation-worldwide/
• https://www.slideshare.net/hemanthcrpatna/analysis-and-optimization-of-maintenances-management-
of-instruments
• BOOKS:
• Plastic Money - An Introduction by Mrudula E
• The Past, Present and Future of Plastic Money by J.B. Forrest
• Paper Or Plastic: Money Management and Credit Card Education by Nathan B.Hogan