The conversation between human and AI assistant.
How does the ban on 500 and 1000 rupee notes helps to identify black money and corruption?
How does this measure impact the common people?
The common people are generally not affected by this measure, as the limit for withdrawal from ATMs and banks during the initial phase of demonetization was kept sufficiently high. However, it did lead to some inconvenience as people had to stand in long queues at banks to exchange their old currency for new notes. In the long run, the demonetization drive aims to create a more transparent and accountable economy, which will benefit the common people in the form of macroeconomic stability and equitable opportunities for growth.