Economy, asked by palchhaya171, 2 months ago

similarities between 1978 to 2016 demonization in india

Answers

Answered by jamshishams36

Answer:

Similarities in 1978 and 2016 ban:

The note ban by Morarji Desai also aimed to drive away black money out of circulation in the economy. Hence, The High Denomination Bank Notes (Demonestisation) Act was implemented.

Narendra Modi announced the currency ban is an address that was broadcasted across all news channels. Similarly, Desai announced the ban over the radio after which the banks were closed the following day.

Both the affairs were kept confidential.

Explanation:

Hope it help you

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