Question

500 and 1000 rupees notes were demonetized recently.How far is this helpful for indian economy in your opinino?

Answer 1

to bring out the the black money 500 and 1000rupees notes were demonitized by narendra modi

Answer 2

I think that demonetisation will help to curb the financial malpractices in the country.

This include money for which tax is not paid or in other words , black money.

It is believed that a considerable amount of black money is stored in denominations of 500 and 1000.
Hence , by making it invalid , users will be forced to get rid of them.

This will also help the government to find out the sources of black money circulating in the country.