The conversation between human and AI assistant.
What are the advantages and disadvantages of banning 500 and 1000 notes in India?
I was wondering, what are your thoughts on the banning of 500 and 1000 notes in India?
Well, from an economic standpoint, there are advantages and disadvantages to the ban. On one hand, it can help curb corruption and reduce the circulation of black money. On the other hand, it can also cause inconvenience to those who rely on cash as their primary means of payment.