Question

why Indian government banned the old currency (500 and 1000 note) short note

Answer 1

n 8 November 2016, the Government of Indiaannounced the demonetisation of all ₹500(US$7.80) and ₹1,000 (US$16) banknotes of the Mahatma Gandhi Series.[2] The government claimed that the action would curtail the shadow economy and crack down on the use of illicit and counterfeit cash to fund illegal activity and terrorism.[3][4] The sudden nature of the announcement—and the prolonged cash shortages in the weeks that followed—created significant disruption throughout the economy, threatening economic output.

Answer 2

Hey mate

Here js your answer

The 500 and 1000 rs note is not in used since 9 November 2016. They were banned from Indian Goverment by the leader Narendra Modiji.

They had banned because in every 100 years there is a important to change the currency and to bring new currency