Question

state one merit of demonetisation​

Answer 1

Answer:

The biggest advantage of demonetization is that it helps the government to track people who are having large sums of unaccounted cash or cash on which no income tax has been paid because many people who.

Explanation:

may it helps you

Answer 2

Demonetisation refers to the process of changing the currency or demonetizing the available money in the economy.

Explanation:

• Demonetisation is one of the biggest steps that could be undertaken by a government to solve the economic problems in any country.
• It refers to the process of introducing the new currency or limiting the use of the older currency.
• One of the biggest merits of demonetization is that it helps in controlling black money in the economy.
• The old currency that has been piled up as black money by people cannot be used so they would have to bring it out.