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What will be the impact of banning Rs. 500 and Rs. 1000 on the Indian economy?
Can you tell me about the recent ban on Rs. 500 and Rs. 1000 notes in India and what impact it may have on the economy?
Certainly! The Indian government's recent decision to ban Rs. 500 and Rs. 1000 notes aims to curb the circulation of black money and counterfeit currency. It may have both positive and negative impacts on the Indian economy, such as increasing digital transactions and decreasing corruption but also causing short-term disruptions in the economy.