Question

State the pact of demonetization on interest rates, private wealth, and real estate. *​

Answer 1

Explanation:

The interest rates charged were anywhere from 18% to 30% per annum depending on the size and tenure of the loan,” said an investor who is part such an arrangement. “Those who were to return money borrowed earlier are offering that in high denomination currency notes, and we ourselves are stuck with these. Due to this the interest rates have come down to minimum, about 5% per annum or even less in some cases,” the investor said. Many of these investors are set to see big losses, said experts.

hope it helps you......❤

mark as brainliest.....