The conversation between human and AI assistant.
How can changing 500 and 1000 rupee notes end the black money in India?
How exactly does it prevent the exchange or deposit of unaccounted cash?
The old notes need to be exchanged or deposited in banks within a certain period of time and individuals with unaccounted cash may not have the necessary documentation to prove their source of income. This makes it risky for them to exchange or deposit their old notes for fear of being caught.