11(Time bank) Flashcards
1
Q
What the hell is TIME BANK
A
It is type of barter system but here goods are not exchanged but services are exchanged.
The services are traded with Time as unit so TIME BANK.
2
Q
Has RBI approved them
A
Nope….Its a initative of MP Govts’s HAPPINESS DEPT
3
Q
Has India invented this
A
Nooooo…
Idea conceived in 1827
Japan started first in 1973
USA popularized this
4
Q
Do they really work
A
Yes…Across globe in 500 communities and 32 countries they work
5
Q
Who publisheshs World Happiness Report
A
UN Sustainable Development solns Network
6
Q
What is Indias rank
A
2018=133
2019=140
