The conversation between human and AI assistant.
What as your reaction when your heard about the scraping currency notes of INR 500 and 1000?
Do you think demonetization was effective in achieving its goals?
There are various opinions on this matter, but demonetization did have some positive impacts. It led to a significant increase in digital payments and helped to reduce the growth of parallel economy. On the other hand, it also caused some negative effects such as temporary cash shortages and economic slowdown.