The conversation between human and AI assistant.
How can the new ban of 500 and 1000 rupee notes be helpful in bringing back the money from Swiss banks?
I see. But can't people just exchange their old notes for new ones and continue hoarding cash?
The government is taking steps to ensure that people cannot simply exchange their old notes for new ones. Old notes can only be exchanged for new ones in limited quantities, and individuals are required to provide identification and proof of income before they can do so.