The conversation between human and AI assistant.
The Indian government is banning the Rs. 500 & Rs. 1000 notes but it is coming up with the Rs. 2000 note. Will it not cause a generation of black money in the future?
That makes sense. Do you have any suggestions on how the Indian government can prevent the generation of black money with the new Rs. 2000 notes?
Yes, one way could be to monitor the circulation of the new Rs. 2000 notes closely and take strict action against anyone found carrying an unaccounted large amount of this currency. Additionally, the government should promote a cashless economy by encouraging digital payment methods and reducing the dependence on cash transactions.