The conversation between human and AI assistant.
Why did Indian government scrap Rs 1000 and 500 note and instead is introducing Rs 2000 note?
How will this affect everyday citizens in India?
Initially, the move to ban Rs 1000 and 500 notes will cause some inconvenience to citizens, as they will need to exchange their old currency at banks for the new Rs 2000 notes. However, in the long run, the hope is that this will encourage a shift towards cashless transactions and digital payments that will benefit both individuals and the economy as a whole.