The conversation between human and AI assistant.
How will the ban of old 500 and 1000 rs notes help in bringing out the black money?
But can't people just exchange their old notes for new ones without disclosing their identities?
That is a possibility, but the government has put a limit on how much money can be exchanged and has introduced new measures to track suspicious transactions. Also, people depositing large amounts of cash may be subject to income tax investigations.