Question: Which of the following is India’s first cashless island?
A Karang
B Lakshadweep
C Andaman
D Sriharikota
Answer: Karang
| Aspect | Description |
| Name of Island | Karang |
| Location | Middle of Loktak Lake, Manipur, India |
| Declaration as Cashless Island | January 2017 |
| Significance | Became India’s first cashless island by promoting digital payments methods and reducing reliance on physical currency. |
| Local Initiatives | Various digital payment methods were introduced and promoted, enabling residents to make cashless transactions for their daily needs. |
| Government Efforts | Part of the government’s push toward a cashless economy, with a focus on promoting digital financial inclusion. |