Social Sciences, asked by saijagadesh, 1 year ago

what does currency demonetization means?

Answers

Answered by yashsolanki12
1
Demonetization is the act of stripping a currency unit of its status as legal tender. It occurs whenever there is a change of national currency: The current form or forms of money is pulled from circulation and retired, often to be replaced with new notes or coins.
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