Economy, asked by teteiralte, 1 year ago

what is Demonetization


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Answers

Answered by tarunjaswal995pax11p
1
Demonetization 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 demonetization is remonetization, in which a form of payment is restored as legal tender
Answered by Anonymous
2
issuing of new currency replacing the old ones with same or different denominations
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