what are the advantages of demonetisation of currency notes
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all the black money comes out
meghana8630:
no i need it in a para
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hii
THER ARE MANY ADVANTAGES OF DEMONETISATION ON THE ECONOMY OF THE COUNTRY SOME OF THEM ARE:
1.) ITS MAIN ACHIEVEMENT IS THAT IT GAVED GOVERNMENT ALL THE DEPOSITED BLACK MONEY
2.)IT ALSO BANNED OR RESTRICTED THE USE IF FAKE OR FALSE MONEY FOR BUSINESS.
DISADVANTAGES :
1.) ITS MAIN DISADVANTAGE WASTHAT IT CAUSE A MUCH CHAOS AND FRENZY AMONG THE PEOPLE .
2.) SOMETIMES THERE WAS NOT ENOUGH SUPPLY OF NEW NOTES TO MEET PEOPLES DEMAND AND REQUIREMENT.
HOPE THIS HELPS YOU
PLEASE MARK AS BRAINLIEST
THER ARE MANY ADVANTAGES OF DEMONETISATION ON THE ECONOMY OF THE COUNTRY SOME OF THEM ARE:
1.) ITS MAIN ACHIEVEMENT IS THAT IT GAVED GOVERNMENT ALL THE DEPOSITED BLACK MONEY
2.)IT ALSO BANNED OR RESTRICTED THE USE IF FAKE OR FALSE MONEY FOR BUSINESS.
DISADVANTAGES :
1.) ITS MAIN DISADVANTAGE WASTHAT IT CAUSE A MUCH CHAOS AND FRENZY AMONG THE PEOPLE .
2.) SOMETIMES THERE WAS NOT ENOUGH SUPPLY OF NEW NOTES TO MEET PEOPLES DEMAND AND REQUIREMENT.
HOPE THIS HELPS YOU
PLEASE MARK AS BRAINLIEST
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