11(Time bank) Flashcards Preview

2 September > 11(Time bank) > Flashcards

Flashcards in 11(Time bank) Deck (6)
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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

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