You must Sign In to post a response.
- Category: Miscellaneous
- #578217It is a very old convention to be very careful and watchful during cash transactions. I was once cheated at Mumbai by a taxi driver at Dadar Railway station in this manner. He had hidden one Rs. 100 rupee note at lightening speed and demanded again from me.
I have once read that in the past, in large amount cash transaction like in property transactions, a third party was assigned the work of counting the notes. The convention may still be in vogue at some places.
Nowadays currency notes counting machines have become popular. I remember having read a news item about a high position Government official maintaining a currency note counting machine to count the bribe money quickly.
It is better to minimise cash transactions and use cards for payments. In developed countries, one can pay even to taxi drivers also through cards.
Despite taking all precautions in case an unscrupulous individual is bent upon for cheating, then he/she may adopt any other trick to dupe a gullible and unsuspecting individual.
Let us encourage each other in sharing knowledge.