Economy, asked by aishumore03, 11 months ago

explain demonitization in short​

Answers

Answered by Karan4780
1

Answer:

Demonetization is the act of stripping a currency unit of its status as legal tender. Sometimes, a country completely replaces the old currency with new currency. The opposite of demonetization is remonetization, in which a form of payment is restored as legal tender.

Answered by Aditigoyal
0

Answer:

act of stripping a currency unit of its status as legal tender. the opposite of demonitization is remonitization, in which a form of payment is restored as legal tender

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