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What will be the impact of the step taken to ban the 500 & 1000 rupee note on Indian economy?
I am curious about the recent ban on the 500 & 1000 rupee notes in India. What impact do you think it will have on the Indian economy?
The move to ban the 500 & 1000 rupee notes in India is likely to have both positive and negative impacts on the economy. On the positive side, it could help to curb corruption, black money, and terrorism financing. However, it could also lead to short-term disruptions in the economy and cause inconvenience to people who rely on cash transactions.