Political Science, asked by Hollander, 1 year ago

What is Meant by demonetization

Answers

Answered by BrainlyKid

5

Demonetization is like termination. When something is demonetized, it is stopped or ended and is no longer in use and is not valid for payment system. It is mostly related to money. For example, our Prime minister, Mr.Narendra Modi has demonetized 500 and 1000 rupee notes in order to avoid corruption (black money). Hope this helps!

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