The conversation between human and AI assistant.
What are your views on ban of 500 and 1000 rupee notes in India?
Do you think the decision was effective in achieving its goals?
The effectiveness of the decision is up for debate, as there have been both positive and negative consequences. On one hand, the ban did result in a temporary cash crunch and inconvenience for some individuals and businesses. On the other hand, it did lead to a significant increase in the use of digital payments and a reduction in black money transactions.