Question

Hello. ♥ 100 ♥

Brainly ©hallenge®

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Five impact of

✦ demonitisation✦

★ give answer in ur own words ★


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Answer 1

1. it is done to remove black money.

2. it stills hunt Indian economy.

3. it plays a very positive impacts on Indians.

4. it has disadvantage also because of economic growth.

5. India have cashless of economy.

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Answer 2

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$\huge\text{\underline{Demonetization:}}$


$\huge\text{\underline{Pros:}}$


⚫Parallel economy getting $\bold{\underline{official.}}$


⚫$\bold{\underline{Terrorists}}$ organisations, smugglers, mafia, all are having a tough time.


⚫Tax $\bold{\underline{collection}}$ upsurged considerably.


⚫A felling of fear amongst the $\bold{\underline{hoarders.}}$


⚫Significant upsurge in $\bold{\underline{cashless}}$ transactions.


$\huge\text{\underline{Cons:}}$


⚫Fall in $\bold{\underline{GDP.}}$


⚫A decline in $\bold{\underline{economic}}$ growth since purchasing power has decreased.


⚫Black marketing of gold has $\bold{\underline{increased}}$ though the black marketers won't be able to get away with the money.


⚫A felling of $\bold{\underline{hatred}}$ towards the government.


⚫Any suggestions are $\bold{\underline{welcomed.}}$


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