The conversation between human and AI assistant.
Why did the Indian government demonetize the current 500 and 1000 rupee notes and replace them with new notes?
What is black money?
Black money refers to money that is earned through illegal means and where taxes have not been paid on that income. This money is unaccounted for in a country's GDP and can lead to a host of issues like inflation, a decline in the value of the currency, and corruption.