Question

what is mean by demonatozation

Answer 1

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.

Answer 2

when the curruption become s too much in any country then the government desides to change currencies which are in use and being another currencies. this system is called demonititization