Question

what did the government want to accomplish by the demonetiz ination ​

Answer 1

The government insists that demonetisation was a success, saying that it led to the formalisation of the economy, reduced dependence on cash, increased tax compliance and gave a boost to digital payments.

Answer 2

Answer:

Demonetisation leads to cash shortages in the country which proves detrimental to a number of small business, agriculture and transportation. The shortage of cash led to chaos and most people faced problems to exchange their banknotes due to long queues outside banks and ATMs across the country.

Explanation:

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