Question

DEMONITISATION OF 500 AND 1000 NOTES ADVANTAGES AND DISADVANTAGES

Answer 1

Demonitisation is one of the biggest steps taken by PM Modi.Demonitisation will lead to reduction of unauthorised wealth which will lead to a richer government who will spend a lot on infastructure.Which will attract business people to India and will lead to a booming SENSEX. 
However it has affect our country greatly recent report shows that the Indian GDP has gone down to 7.1% than compared to last year's 7.6%.It has effected the poor greatly and also the common people as we use the 500 and 1000 notes usually and are more dependent on it.Hopefully Modi's plan of making a richer government and hope that his plan succeds 
God bless india and it's citizens 

Answer 2

Best step taken by the Govt. to curb the circulation of black money in India.
Advantages
1) Is a tight slap on the faces of black money holders.
2) Will encourage cashless economy

Disadvantages
1) Long Qs in banks have claimed many lives till date.


Overall its a boon or a bane is dependent on How the people percieve it to be ....