The conversation between human and AI assistant.
How will scrapping the INR 500 and INR 1000 currency notes affect the daily lives of Indians?
Can you elaborate on that?
Sure. Firstly, people will have to exchange their old currency notes with new ones at banks or post offices. This process will take time and effort, and there may be long queues and wait times. Additionally, ATM machines will have to be recalibrated to dispense the new currency notes, which could also take time.