The conversation between human and AI assistant.
How will the scrapping of Rs 500 and Rs 1000 notes help in reducing black money and corruption?
Can you explain to me how the scrapping of Rs 500 and Rs 1000 notes will help in reducing black money and corruption?
Sure. The move to scrap Rs 500 and Rs 1000 notes was aimed at reducing the circulation of black money and counterfeit currency, as these denominations were the most commonly used for these purposes.