Economy, asked by bhumika3765, 11 months ago

what is a demonetisation

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Answered by MultiTalentedGirl

2

Explanation:

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. Sometimes, a country completely replaces the old currency with new currency.

Answered by pranay0144

16

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