The conversation between human and AI assistant.
WIll US banks accept and exchange discontinued 500 and 1000 Indian rupee notes?
What are the reasons behind discontinuing the 500 and 1000 Indian rupee notes?
The Indian government discontinued the 500 and 1000 rupee notes in 2016 to combat corruption, black money, and counterfeit currency. The government wanted to encourage the use of digital payments and cashless transactions.