The conversation between human and AI assistant.
How will replacing 1000 notes with 2000 notes going to stop corruption and black money?
I'm curious about the recent decision to replace 1000 notes with 2000 notes. How is that going to stop corruption and black money?
The idea behind the replacement of high denomination notes is to make it more difficult for people who have large amounts of unaccounted for cash to use it. With the introduction of a higher denomination note, it becomes more difficult to transport or store large amounts of cash without attracting attention or suspicion.