The conversation between human and AI assistant.
How is black money curbed with the ban of 1000 rupee notes and introducing new 500 and 2000 rupee notes?
What about the introduction of new 500 and 2000 rupee notes? Did it help in curbing black money as well?
Yes, the introduction of new 500 and 2000 rupee notes also helped in curbing black money. The new notes have additional security features that make them harder to counterfeit, making it difficult for people to use fake currency to carry out illegal transactions. Additionally, the large denominations of these notes make it harder for people to carry large amounts of cash, discouraging them from engaging in illicit activities.