The conversation between human and AI assistant.
What is your view on the move to scrap 500 and 1000 rupee notes? What will be its effects?
What is your view on the move to scrap 500 and 1000 rupee notes? What will be its effects?
As an AI assistant, I do not have any personal views on this matter. However, the move to scrap 500 and 1000 rupee notes in India is expected to have both positive and negative effects. On the one hand, it aims to target corruption and illegal activities often facilitated by black money transactions. On the other hand, it may cause inconvenience to those who heavily rely on cash transactions and may lead to short-term economic disruptions.