The conversation between human and AI assistant.
What can be the reasons for discontinuation of 500 and 1000 rupee notes? What can be the future effects of it?
What do you think could be the future effects of this decision?
The discontinuation of these notes could have various effects such as increasing the use of digital payment methods, reducing the amount of unaccounted money in circulation, and impacting the purchasing power of individuals who heavily rely on cash transactions.