The conversation between human and AI assistant.
How does invalidating the current Rs. 500 and Rs. 1000 currency notes help in weeding out black money?
How does the government ensure that the deposited money is legitimate and not black money?
The government has introduced a series of measures to prevent the deposit of black money into bank accounts. Banks are required to monitor transactions, and deposits exceeding a certain threshold are being investigated. Additionally, those depositing large amounts of cash will be required to explain the source of the funds and how they were acquired.