Q. Consider the following statements regarding Akshvi digital wallet:
1.It is a digital platform that can be used by the communities to report their losses due to sudden loss of their jobs.
2.It is developed by the Ministry of Finance.
3.The wallet is launched on an all India level recently.
How many of the above statements are correct?
Answer: D
Notes:
Explanation: All Statements are incorrect
Statement 1 is incorrect: Using Akshvi digital wallet, the affected communities log their losses and assets every time they are faced with an incident (flood, drought, heatwave, landslide, lighting, hailstorm, etc) – regularly over a period of time.
Statement 2 is incorrect: It is a community-driven platform, created by SEEDS (Sustainable Environment and Ecological Development Society) India.
Statement 3 is incorrect: It is presently piloted in five districts of three states (Uttar Pradesh, Assam, and West Bengal).
Source: DTE
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