Question

How demonetisation affecting common peole more than black money holders?

Answer 1

$\textbf{\underline{\underline{Demonetization}}}$

The government of India announced demonetization of 500 and 1000 Rs notes on $\bf {8th \:November, \:2016.}$ In the act of demonetization the legal tender of 500 and 1000 Rs banknotes was stripped. In simple words, those notes were changed into new.

The act of demonetization was only for the abolition of black money holders and terrorist cash fundings but to some extents it affected the general mass more.

During demonetization, common man even suffered for his basic necessities because the money he had was of no use. Whole day standing in long lines in front of banks was total state of great inconvenience. People who were unfamiliar of online transactions faced much problems in shopping too.

The aim of abolishment of black money holders didn't get a great success because to them it was an easy task of foul play. So it is clear that demonetization affected common man more.

Answer 2

Answer:

$\textbf{\underline{\underline{Demonetization}}}$

The government of India announced demonetization of 500 and 1000 Rs notes on 8th November, 2016. In the act of demonetization the legal tender of 500 and 1000 Rs banknotes was stripped. In simple words, those notes were changed into new.

The act of demonetization was only for the abolition of black money holders and terrorist cash fundings but to some extents it affected the general mass more.

During demonetization, common man even suffered for his basic necessities because the money he had was of no use. Whole day standing in long lines in front of banks was total state of great inconvenience. People who were unfamiliar of online transactions faced much problems in shopping too.

The aim of abolishment of black money holders didn't get a great success because to them it was an easy task of foul play. So it is clear that demonetization affected common man more.