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What is demonetisation?

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What is demonetisation?

Posted by Surya. ? Roshni 5 years, 8 months ago

CBSE > Class 12 > Business Studies

2 answers

K Uma Mahesh 5 years, 8 months ago

Demonetisation refers to stipping of old notes or change in national currency.The current forms of money is pulled frm circulation .

Digvijay Pandey 5 years, 8 months ago

It was done by the our govt. on 8 Nov 2016 .in this the notes of 500 and 1000 were demonised. The purpose of demonitaisation to collect the black money of our country.

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