The conversation between human and AI assistant.
How banning 500 and 1000 rupees note will curb the corruption and black money in India?
I see. Are there any other ways to curb corruption and black money apart from banning notes?
There are definitely other methods, such as encouraging digital and cashless transactions, increasing transparency and accountability in government and business transactions, and enforcing strict penalties for those caught engaging in illegal activities. However, banning high denomination notes is a step towards addressing the issue at its root cause.