Economy, asked by divaa56011, 1 year ago

What are the merits and demerits of demonetisation?

Answers

Answered by Geekydude121
3

First of all you must know what is demonetization, the definition will say its merits.

Coming to the merits you can keep track of the cash which is not accounted.

It also helps to track various illegal activites.

The most important disadvantage is that sometimes the cash may not be available at banks and circulation of money may be reduced.

Thank you hope you found this useful.

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