Question

debate on ban the 1000, 500 currency

Answer 1

=> the ban of 1000 and 500 rs note was announced by pm modi to vanish all the black money and the fake money from india....so fake money is the money that is not real money,and is imported to india from countries like Pakistan. i do say that this is one of the reason that black money is vanishing in india,but what about the difficulties caused by this?people have to stand from morning to night in long queues to exchange their money,and because of this they are suffering alot.they are not able to go for their work as they have to stand in those queue everyday as the exchange of old notes to new notes limit is very less.
all the rich people can easily exchange their money from the back managers etc,but what about the common people? people have died in standing in the queues in many places.the the black money holders are trapping the common people to deposit their black money in their account so that at least some ammount of black money becomes white...the new act of helping such people is recently introduced, but many black money holders had used this idea befor hand!.then the government announced that they can use their old notes for bookig railways.but this was the major cause of helpig the black money to turn white. as if u cancel your ticket they charge very small amount as fees and then deposit the left money into the persons account who had cancelled the ticket...so the black money holders made at least 50,000 of their black money white until the government announced that their will be checking of their income etc if u cancel your tickets...i am not saying that the ban was not useful, but the new rules were made very late.even if you see, peoole have started making fake 2000rs notes,even though the people doing that are caught,but this cycle of fake notes s is again started. and due to lack of new notes in the bank,some people have to go home back without exchanging and withdrawing new notes,even though many measures habe been taken for this,the lack of money in banks and atms are not yet finished. .this is what i have to say...hope this helped pl mark as brainliest

Answer 2

Why The 1000 and 500 rupees should have not been banned-

This new law made by our prime minister, Narendra Modi caused crisis across the nation. Now you can only withdraw a limited amount of money from your bank account. This may sound easy to you but no, it's not. We have to wait for hours in line to wait for us to reach the ATM machine but only luck can help you if you are at the back of the line because the ATM machines run out and they stop. This is causing us to not get money to buy sufficent needs for our life. It is getting very very hard to get money out of the bank. So I suggest to stop this law!