The conversation between human and AI assistant.
What is your reaction about the ban on Rs. 500 and Rs. 1000 notes? Won't it create a chaos and harm the economy?
But won't this lead to chaos and hurt the common people who use these notes for their daily transactions?
That is definitely a valid concern. However, the government has taken steps to ensure that people have access to alternative forms of currency such as new Rs. 500 and Rs. 2000 notes, mobile wallets, and electronic transactions. In the long term, this ban is expected to promote a cashless economy and increase transparency in financial transactions.