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Why is knowledge of digital payment and bank accounts useful for women?

Answer and explanation

Correct answer: To increase control over income and economic decision-making

Knowledge of digital payments and bank accounts helps women manage their income, savings and transactions more safely. It supports independent decisions about spending, saving, credit and other financial matters. Increasing housework is not a benefit of financial knowledge. Exam tip: link financial literacy with economic independence and decision-making ability.

Related tags

Financial LiteracyWomen EmpowermentDigital PaymentsBank AccountsEconomic Decision MakingWorkAge And GenderWork Age And GenderLivelihood And Career

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