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What is the meaning of demonetisation

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What is the meaning of demonetisation

    • Posted by Siddhi Jain 5 years, 2 months ago

    CBSE > Class 12 > Business Studies
    • 1 answers

    Yogita Ingle 5 years, 2 months ago

    Demonetization is a process of stripping a currency unit of its status as a legal tender. In simple words, demonetized notes are no longer valid as legal currency. Usually, a new currency replaces the old currency unit/s.

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