definition of demonetisation
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Demonetization is the act of stripping a currency unit of its status as legal tender i.e. declaring it illegal. It occurs whenever there is a change of national currency:
The current form or forms of money is pulled from circulation and retired, often to be replaced with new notes or coins.
The current form or forms of money is pulled from circulation and retired, often to be replaced with new notes or coins.
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heya !!
--Demonitization is the act of changing the of national currency ,which means :
--The current form or forms of money is pulled from circulation and retired, often to be replaced with new notes or coins.
or ,
--act of stripping a currency unit of its status as legal tender is called demonitization.
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hope it helps !!☺
--Demonitization is the act of changing the of national currency ,which means :
--The current form or forms of money is pulled from circulation and retired, often to be replaced with new notes or coins.
or ,
--act of stripping a currency unit of its status as legal tender is called demonitization.
◆◆●◆◆◆◆◆◆●◆◆◆◆◆●\◆\◆◆◆◆
hope it helps !!☺
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