Question

Write a paragraph on demonetization in india in about 100 words

Answer 1

Heya

good morning friend
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Demonetization ( notebandi ) : in 2016 on eights November, the honorable prime minister,mr.Narendra damoderdas modi announced the demonetization in India At mid night.

✔️It affects the system of crime in india on large scale

✔️it also reduces the curruption in india on large scale

✔️the demonetization promotes the casless society system in india it is a very big step in to promote cashless society.

✔️the main disadvantage of demonetization in India was lack of proper planning, failure in reduce the black money.

✔️due to demonetization the gdp of india fell At small level.

Conclusion : demonetization step is taken to reduce black money, curruption terrorist funding,to promote cashless society and other reason it is a big decision taken by honorably Narendra damoder das modi in India.It has so many advantages and disadvantages but it succeeded in india.
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I hope it will help you

Thanks