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How will the demonetization of Rs 500/1000 notes finish the black money in the market exactly?
Can you explain to me how the demonetization of Rs 500/1000 notes will finish the black money in the market exactly?
Certainly. The demonetization of Rs 500/1000 notes is aimed at curbing the circulation of counterfeit currency and unaccounted wealth, often termed black money. It is expected to bring it out of the shadows and into the formal economy, where it can be taxed and effectively monitored.