Demonetisation Of Indian Currency Essay Examples

Demonetisation Of Indian Currency - Free Essay Examples and Topic Ideas

Demonetisation of Indian currency refers to the decision taken by the Indian government to ban the circulation of certain denominations of currency notes, thereby rendering them invalid as legal tender. The initiative was aimed at curbing black money, counterfeit currency, terrorism financing, and corruption. The affected denominations were replaced with new notes and coins. The move triggered a massive disruption in the Indian economy, causing widespread confusion and inconvenience to the public, but was also lauded by some for its potential long-term benefits.

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