English, asked by Supersam12, 1 month ago

what is demonetization?​

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Answered by barnasaha
7

Answer:

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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Answered by shreyamaurya589
2

Answer:

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.

Explanation:

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