Question

What are the advantages of demonitization in 10 points

Answer 1

1 . Increases Deposit Base & Savings

2 . Improves Monetary Transmission & Reduces Lending Rates

3 . Creates Room For Monetary Accommodation

4 . Direct Boost to The Jan Dhan Yojana

5 . Added Support for Government Finances

6 . GDP Growth Potential

7 . Long Term Benefits: A few might criticize this move at present, but it will

bring multiple long-term benefits for the nation’s economic health.

sry i know nly dezz 7 advantages