Question

What effects of demontisation of rs 500 and 1000notes on black money

Answer 1

there might be some effects.
but as per my knowledge there is no rich person who was badly affected because of that.
someone tell you the money.
some still had them in the underground.
some used all their knowledge and intelligence and hid them.
maybe there was some use because of that.
some people might have been caught but very rare.