English, asked by zenusdash, 10 months ago

what is demonetization

Answers

Answered by Rijul63

Answer:

Demonetisation is an act of cancelling the legal tender status of a currency unit in circulation.

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Answered by khushiverma0013

Answer:

Demonization is the act of stripping a currency unit of its status as legal tender. Sometimes, a country completely replaces the old Currency with new currency. The opposite of Demonization is remonitization, in which a form of payment of restored as legal tender

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