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What is reason behind banning 500 &1000 suddenly, what is the benefit of it?
I was wondering if you can explain to me what was the reason behind the sudden ban of 500 and 1000 rupee notes in India and what benefits does it bring?
Sure! The reason behind the sudden ban of 500 and 1000 rupee notes was to combat black money and counterfeit currency. The benefits of this move include reducing corruption, increasing tax revenue, and promoting a cashless economy.