Social Sciences, asked by meghana8630, 1 year ago

what are the advantages of demonetisation of currency notes

Answers

Answered by saroj6299
1
all the black money comes out

meghana8630: no i need it in a para
Answered by purushottamkumar67
1
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

meghana8630: and could u tell me disadvantages
meghana8630: my pleasure
meghana8630: tnks a lot
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