Economy, asked by anupamaminz08, 8 months ago


Is it possible to bring black money back from Foreign Banks? If Yes/No, then Why?​

Answers

Answered by Anonymous
0

Answer:

\boxed{\huge\bold\pink no it is no possible because foreign bank have more privacy then indian bank they even don't give any information about his or her account  }

no it is not possible because foreign bank have more privacy then indian bank they even don't give any information about his or her account

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Answered by agrawalajay39
1

Answer:

Good question and a very important question too.

I hope this will help you!!!!!

Explanation:

Here is the answer.

Bringing back black money? That’s a joke and a political stunt by the BJP. Do you think none of the BJP party people have hoards of black money buried in some foreign bank? Come on already, enough of nonsense from these guys

Demonetization, by far, has been considered one of the major failures in Indian economics. The long queues in ATM’s, half of which are always non-functional. Overcrowded banks and several-hour-long waits in banks, just to withdraw few thousands. Have you seen several elderly people suffer without being able to stand for hours? And unable to withdraw their money because that ATM ran out of cash and almost all the nearest ones followed

Numerous small merchants had their day-to-day business perished because of this demonetization stunt. If there are so many hurdles in digging out all the black money, they should have worked it out upfront. Don’t they know black money doesn’t exist in a bag waiting to be dug out somewhere? The tedious logistics should have been straightened out in a very effective manner to cause minimum public damage. Doesn’t Modi have even one economist who told him all these roadblock? Pathetically planned move which had only a negative effect on the common man

So, the prediction that a common man will see the black money being sucked out of nowhere is nothing but a beefed up lie to draw attention

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