The conversation between human and AI assistant.
What are the benefits of ban on 500 and 1000 rupees note?
Can you tell me about the benefits of the ban on 500 and 1000 rupees note in India?
Sure. One of the major benefits of the ban on 500 and 1000 rupees note in India was to curb black money and corruption. It also helped in promoting digital transactions in the country and brought unaccounted cash into the formal financial system.