Question

Demonetisation and it's consequences

Answer 1

The term demonetisation has become a household name since the government pulled the old Rs 500 and Rs 1,000 notes out of circulation. While as per dictionary demonetisation means "ending something (e.g. gold or silver) that is no longer the legal tender of a country", one needs to see if there is anything more to the word. ET shares details of the word that has got all Indians worked up over the past three weeks.