The conversation between human and AI assistant.
How will the ban on Rs 500 and 1000 notes impact the Indian economy?
Can you tell me how the ban on Rs 500 and 1000 notes will impact the Indian economy?
The ban is expected to have a mixed impact on the Indian economy. On one hand, it may lead to a temporary slowdown in economic activity, particularly in the retail and informal sectors. On the other hand, it is likely to boost digital transactions and reduce corruption and black money.