objectives of Demonization.
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Objectives of Demonetisation
The objectives of demonetisation are as follows:
To stop the circulation of black money in the market.
To help in reducing the interest rates of the prevalent banking system
To help in creation of cashless economy
To formalise the informal Indian Economy.
To remove counterfeit notes from the market.
To help reduce anti-social activities and their finances.
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Explanation:
1)Removing Black Money From Country
2)Stopping Of Corruption
3) Stopping Terror Funds
4)Stopping Illegal Dabba Trading
5) To Send A Clear Message That This Government Is Well Inclined Towards Working For The Development Of Nation
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