The conversation between human and AI assistant.
How does banning 500 and 1000 rupee notes help to control black money?
Can you tell me how banning 500 and 1000 rupee notes help to control black money?
Of course. By banning those notes, the government is essentially removing a large portion of the currency that is often used in illegal transactions. This makes it harder for people to hoard large amounts of unaccounted cash and conduct illicit businesses.