Question

explain any two merits of demonetisation to Indian economy. ​

Answer 1

Explanation:

With the present demonetization move put properly in place, the banking system will improve in a considerable manner. The economy will slowly start moving towards a completely cashless direction. Moving towards a cashless economy also implies better access to credit and revamping of financial operations.

Answer 2

• With the present demonetization move put properly in place, the banking system will improve in a considerable manner.

• The economy will slowly start moving towards a completely cashless direction. Moving towards a cashless economy also implies better access to credit and revamping of financial operations