The conversation between human and AI assistant.
How banning 500 and 1000 rupee can affect black money?
How will depositing money in banks help to halt the generation of black money?
Depositing money in banks will require individuals to provide an explanation on how they obtained the money, and this can help to track down unaccounted money and hidden sources of wealth. Further, once the money is deposited in banks, it can be tracked and taxed, thus discouraging generation of black money.