Question

tell me what is demonitisation ​

Answer 1

Answer:

The return of almost all the demonetised currency to the banking system may create the false impression that the exercise was a failure, but benefits such as the ability of income tax officials to track depositors and crack down on suspicious transactions could lead to long-term benefits such as better tax compliance,

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Answer 2

Demonitisation is changing of currency with new notes or coins..