Financial inclusion, the digital divide and other thoughts on the future of money | Ajay Banga

Financial inclusion, the digital divide and other thoughts on the future of money | Ajay Banga

Assessment

Interactive Video

Business, Social Studies

11th Grade - University

Hard

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Ajay Banga discusses the importance of financial inclusion, especially during the COVID-19 pandemic. He explains the concepts of unbanked and underbanked populations and highlights the need for partnerships to address these issues. Banga provides examples of financial inclusion in practice, emphasizing the role of technology while acknowledging the digital divide. He also explores the idea of a cashless society and stresses the importance of data privacy and consumer control.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does financial inclusion contribute to reducing poverty?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of having a financial identity?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges might arise from moving towards a cashless society?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can consumers maintain control over their data in a digital economy?

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