The conversation between human and AI assistant.
How would changing the 500 and 1000 currency notes help indian government in dealing with corruption?
How would it help in tracking the illicit money?
Well, the demonetization made it difficult for people to hoard unaccounted wealth and use it later. The government could investigate people's accounts and check for suspicious transactions since citizens had to deposit the old currency notes into their accounts. That made it easier for the government to trace black money holders and take appropriate action.