The conversation between human and AI assistant.
What will be the repercussions of banning Rs 500 and Rs 1000 notes on Indian economy?
Do you think this ban will lead to an increase in digital transactions and alternative forms of payment in India?
Yes, it is likely that this ban will lead to an increase in digital transactions and other forms of payment, as individuals and businesses adapt to the new reality of the currency ban. This could have long term benefits for the Indian economy, as digital transactions are generally more efficient and transparent than cash-based transactions.