Question

Thought for Demonetization in India .... ​

Answer 1

Answer:

The demonetization move is going to be a very beneficial one

Explanation:

Increased Savings – As a result of demonetization, people will tend to deposit their cash in the bank rather than at home. This will help them save more. Lower lending rates – With currency demonetization, money moves from people to banks and financial institutions. Thus, there is a better circulation of money.

Answer 2

Answer:

The demonetization move is going to be a very beneficial one, towards building a cleaner India. Counterfeit notes and black money hoarding are activities that necessarily need to be curbed. That is the reason, the ruling Govt.

Explanation:

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