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When was Demonetization implemented in India? …

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When was Demonetization implemented in India? Was it done for the first time? If not, why again? Why the gap of time between the instances?

Posted by Rishikesh Das 6 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Nitasha Yadav 6 years, 11 months ago

demerits demonetisation 2 positive effects and negative effects also but the positive effects are more dominant to negative effects positive effects of demonetisation it make our economy cashless reduce corruption finish black money etc. and it shows negative effects also like rest of banks shortage of cash in common people problem in marriage etc. Digestion occurs in India third time first in 1946 second in 1978 and and at present time in 8 November 2016 by Narendra Modi. The demonetisation do because the black money economy is more than cash present in market.

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