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B. India’s 1.2 billion people conduct about 86% of their business in cash. Nearly a quarter of all transactions are in the “black economy” and hidden from tax authorities. But many of India’s poorest workers do not have bank accounts or even identification papers needed to exchange the old banknotes.
C. Cash accounts for only 2% of Sweden’s economy compared with 7.7% in the United States. Sweden and its neighbors, Denmark, Finland and Norway expect to be cash-free within the next two decades. About 900 of Sweden’s 1,600 bank branches no longer keep cash on hand or take cash deposits – and many, especially in rural areas, no longer have ATMs.
A. About 49% of Indians are employed in agriculture which accounts for only 17% of the nation’s gross domestic product. Services employ only 31% of India’s workers but contribute nearly half of the nation’s output and are the major driver of the economic growth.
D. A thick haze of smoke, ash and other pollutants blanketed India's capital city of more than 17 million people for more than a week. Measurements taken at the US Embassy in New Delhi put the city's Air Quality Index at 999, off the standard chart, which finishes at the "hazardous" level of 500.