The conversation between human and AI assistant.
What is your opinion on PM Narendra Modi's decision to ban INR 500 and INR 1000 notes?
Yes, please tell me more about the decision and its impact.
The decision to ban INR 500 and INR 1000 notes was made on November 8th, 2016, with the intention of curbing corruption and black money circulation in the Indian economy. The move caused a lot of inconvenience to the public and led to long queues in front of banks and ATMs. However, the government claims that it has yielded positive results in the long run.