Question

demonetization reduces corruption how it is so​

Answer 1

Answer:

t was expected by gov that only 70% of the money will be returned to gov but approx 99 % of the money was deposited to gov. It proves that either there was no black money or somehow black money converted to white money.

2. It was expected that terror attack funding will be stopped after demonetization. But after demonetization also terror attack happened.

3. RBI which supervise the financial sector of India did not agree with demonetization decision.

4. It was expected that tax payment rate will increase,