A decision is given followed by two statements I and II. Read all the information carefully and select the correct option.
Decision: Company K has a wide chain of grocery stores and sweet shops across all cities and even villages of Country M. The CEO of Company K has decided to discontimue cash payments completely from next month onwards.
Statements:
I. As per the reports of the last 3 years, around 24% of payments each month were through cash.
II. 35% of the population of Country M is either illiterate or does not have access to bank accounts.

This statement indicates that a significant portion of payments was previously made in cash.

It does not directly justify or oppose the decision to discontinue cash payments but highlights the potential impact of this decision on 24% of customers.

This statement highlights a major challenge in implementing the decision. If a large percentage of the population cannot use digital payments, discontinuing cash might alienate a significant portion of the customer base.

This implies the decision might face obstacles and could negatively impact customers.

Thus the correct answer is (B)