Business Studies, asked by maxheller9521, 1 year ago

Short essay on demonetisation of money in 100 words with introduction and conclusion

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Answered by Anonymous
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Demonetization is the act of stripping a currency unit of its status as legal tender. It occurs whenever there is a change of national currency: The current form or forms of money is pulled from circulation and retired, often to be replaced with new notes or coins.

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