The conversation between human and AI assistant.
What is the reason behind demonetising 1000 rupee notes and introducing a 2000 rupee note?
How did demonetisation help to curb black money circulation?
Demonetisation helped to curb black money circulation by making it difficult for people to hoard black money in the form of high-value currency notes. People had to deposit their old currency in banks or exchange it for the new currency, which made it easier for the government to track and identify black money holders.