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Waht is demonetisation

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Waht is demonetisation

Posted by Shivani Jaiswal 5 years, 7 months ago

CBSE > Class 12 > Business Studies

1 answers

Yogita Ingle 5 years, 7 months ago

Demonetization is a process of stripping a currency unit of its status as a legal tender. In simple words, when the Government demonetized the 500 and 1000 rupees notes, they were no longer valid as legal currency. Usually, a new currency replaces the old currency unit/s.

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Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
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Don't post personal information, mobile numbers and other details.
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