The conversation between human and AI assistant.
How will demonetising ₹500 and ₹1,000 notes help reduce corruption in India?
Can you explain to me how demonetising ₹500 and ₹1,000 notes will help reduce corruption in India?
Certainly. Demonetisation will make the old currency notes invalid, leading to a decrease in the circulation of black money. This will lead to a reduction in corruption as it will be harder to obtain and transfer illegal money.