The conversation between human and AI assistant.
How can changing 500 and 1000 rupee notes end the black money in India?
Can you explain how changing 500 and 1000 rupee notes can end black money in India?
Certainly. By discontinuing the use of these high denomination notes, it becomes much harder for those with undeclared income to hold or exchange their unaccounted wealth. The government can then track those individuals who exchanged substantial amounts and investigate the source of their funds.