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How the black money be recovered by simultaneously demonetising 500, 1000 notes and introducing 500 , 2000 notes?
Can you explain how demonetising 500 and 1000 rupee notes while introducing 500 and 2000 rupee notes can help recover black money?
The demonetisation of 500 and 1000 rupee notes and introduction of 500 and 2000 rupee notes can help recover black money by forcing people with undeclared or illegal money to deposit it in banks or face the risk of it becoming worthless paper.