Question

is NOT an immediate advantage of demonetisation in India?

Answer 1

8 November 2016, the Government of India announced the demonetisation of all 

Answer 2

Explanation:

Increased Savings – As a result of demonetization, people will tend to deposit their cash in the bank rather than at home. This will help them save more. Lower lending rates – With currency demonetization, money moves from people to banks and financial institutions. Thus, there is a better circulation of money.

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