The conversation between human and AI assistant.
How is replacing 1000 rs notes with 2000 rs notes going to make black money hoarding a lot harder?
I was wondering, how is replacing 1000 rs notes with 2000 rs notes going to make black money hoarding a lot harder?
The idea behind the currency exchange was to flush out black money from the nation's economy. By withdrawing the old 1000 rs notes and replacing them with newer 2000 rs notes, it makes it much harder for black money hoarders to hold on to their ill-gotten cash reserves.