explain any two major merits of demonetisation to Indian economy?
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Lower lending rates – With currency demonetization, money moves from people to banks and financial institutions. ... This will lead to a lower cost of funds which translates into lower lending rates. Better economy – As more cash is with the banks, there is a higher circulation of money in the economy
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fast technology ,
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fast technology used by our pm and strong relationship between other countries helps to make new business or technology so that we can grow and help each other on an international level
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