The conversation between human and AI assistant.
What is the reason behind PM Modi's decision to abolish Rs 500 and 1000 currency notes from today (8 November 2016) midnight?
But won't it cause problems for people who have legitimate Rs 500 and 1000 notes?
Yes, it could cause some inconvenience for people who have saved these notes for legitimate reasons, such as for emergencies or for savings. However, the government has provided some exemptions and alternate modes of payment to ease the transition, and has encouraged people to deposit their notes in banks or post offices.