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1000 and 500 notes have been banned in Indian. What will be the short and long term impact of this?
I wanted to know about the recent ban of 1000 and 500 notes in India. What do you think will be the short and long term impact of this decision?
The short-term impact of this decision could result in chaos and disruption as people try to exchange their old currency notes for new ones. However, in the long-term, this could result in increased transparency and reduced corruption in the economy.