The conversation between human and AI assistant.
Why did Indian Government introduced ₹2000 note instead of the new ₹1000 note? Meanwhile, they introduced the new ₹500 note for old ₹500 note.
Did the introduction of the ₹2000 and new ₹500 note help combat black money?
It is difficult to accurately determine the impact of demonetization on black money. However, the government claims that it led to a significant increase in the number of people paying taxes and a decrease in the circulation of counterfeit currency.