The conversation between human and AI assistant.
How will scraping of 500 and 1000 rupees notes help in curbing corruption and black money?
How will the government ensure that people do not keep unaccounted money even in smaller denominations?
The government has several measures in place to monitor and regulate cash transactions, such as requiring banks to report large cash deposits and withdrawals, and limiting the amount of cash that can be withdrawn or deposited in a single transaction. Additionally, the government has been promoting digital payments as an alternative to cash transactions, which may help to reduce the amount of unaccounted money in circulation.