The conversation between human and AI assistant.
How will the ban of Rs 500 and Rs 1000 notes affect Indian economy?
Do you think this move will help in curbing black money in India?
Yes, the demonetization of high-value currency notes is an attempt to reduce the circulation of black money in India. By forcing people to deposit their high-denomination notes into their bank accounts, the government is trying to track the sources and uses of that money. In the long run, this move is expected to reduce the generation of black money in the country by promoting more digital transactions that are easier to track and monitor.