Oh look, a lying muslim feeding us non-believing kafirs more taqiya lies!
If you are such wonderful people, then why did Erdogan, himself, use SENDING MORE MUSLIMS TO EUROPE... as a THREAT when Denmark didn't let them hold political rallies? Denmark belongs to THE DUTCH, not a bunch of violent lying foreigners.
I think the Danes might disagree with you on that!
Do the municipal and state/district governments not record sales of land and vehicles/vessels? Such large assets require registration in other countries: Does India refuse to do this?
Yes and no. They do record sales and purchases, in turn levying registration charges and stamp duties on the buyer. But since these levies are a percentage of the property value, there's usually an agreement between the buyer and seller to reduce the transaction value to a minimum. The discrepancy between the value of the property on paper and the amount of money actually changing hands is usually no less than 40% and could be up to 95% in extreme cases. The reason this is possible is because a) people are accustomed to dealing in large amounts of physical cash and b) the clerk in the registry office is happy to accept a bribe and look the other way. Less physical cash in the system means more barriers to this sort of behaviour.
Yes, idle money is a bad thing but a banking system is not strictly necessary, it's just easier to regulate a savings and loans service. Money lying around must be attracting thieves: How can people justify holding onto cash, or losing interest from investing?
Prior to economic reforms in the 1990s India had extortionate levels of taxation. In the 60s and 70s tax rates were as high as 97%. This naturally made a lot of people seek to avoid having anything to do with banks and these habits persist. In other cases it's just resistance to change - people were uncomfortable when ATM machines were introduced around 20 years ago. Now they're ubiquitous. People will eventually get used to transacting through cards, digital wallets and online. As for S&L, I'm not sure there is a direct equivalent of this in India, although there are payments banks, co-operative banks (more like credit unions I guess) and housing finance lending companies. All these come within the purview of the regulated economy however and tend to be shunned by those who favour cash payments.
1 1 was a race-horse, 2 2 was 1 2. When 1 1 1 1 race, 2 2 1 1 2.