The conversation between human and AI assistant.
Is there any particular reason behind the launch of 2000 Rs notes?
How did that help in controlling the circulation of black money?
With the demonetization of higher denomination notes, people with unaccounted money were forced to deposit it in their bank accounts. The government could track these deposits and investigate any suspicious activities. With the introduction of the Rs. 2000 note, it became difficult to hide large sums of money as the note had features to prevent counterfeiting and the circulation of fake currency.