The conversation between human and AI assistant.
So how does banning 500, 1000 rs and introducing 2000 rs will curb corruption?
Can you tell me how banning 500 and 1000 rupee notes and introducing 2000 rupee notes will help curb corruption in India?
Sure, the idea behind this move is to reduce the amount of black money that is circulating in the economy. By banning the high denomination notes, it is expected that those who hoard large amounts of black money will be forced to disclose it, deposit it in a bank account or exchange it for new notes. This could help reduce corruption and promote cashless transactions.