The conversation between human and AI assistant.
Don't you think Modi will repeal decision to ban 500 and 1000 notes as it will cause high inconvenience?
Yes, can you give me some examples of these long-term benefits?
Sure, some of the advantages of the demonetization policy include curbing black money, reducing corruption, and promoting the use of digital transactions. By removing high denomination notes, the government is trying to make it more difficult for people to engage in illegal activities such as tax evasion and money laundering. Additionally, encouraging the use of digital transactions will make the economy more transparent and efficient.