Question

Read the news clipping and answer the questions :
A LETHAL EDGE TO INDIA'S FIGHT AGAINST BLACK MONEY
New Delhi : In what could be termed midnight tonight and these will be
as an aprecedented move, Prime Minister "just worthless piece of paper"
Narendra Modi on Tuesday added a lethal
However, he said that all notes in
edge to India's fight against black money lower denomination of 2100, 350,
to announcing that the currencies in the 320,7 10, 75,32 and 3 1 and all coins
denominations of 3 500 and 2 1,000 will will continue to be valid.
be invalid when the clock strikes 12 mid-
He also announced that new notes
Det of 8 November
of? 2.000 and 7 500 will be introduced
The move was announced in a sudden
ATM withdrawals will be restricted
address at 8 pm that was televised across
all news channels when the frenz was
to 32,000 per day and withdrawals
from bank account will be limited to
otherwise with the US presidentials polls. 710,000 a day and 320,000 a week.
The demonetization of 31.000 and
7 500 notes is a major assault on black Thursday and ATMs will also not
Banks will remain closed on
money boarders. fake
currency and
corruption
function tomorrow and day after. Modi
said.
In his 40-mintue address, first in
Hindi and later in English, the Prime staff of banks and post offices will rise
He expressed confidence that the
Minister said the notes of 500 and
31.000 “will not be legal tender from order within the available time.
to the occasion to introduce the new
(40) What did Narendra Modi announce on Tuesday ?
41) What is the withdrawals policy relating to ATM and Banks ?
47:
Hinno dirithe PM address the​

Answer 1

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