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What would be effect of 500 and 1000 Rs notes ban?
I wanted to know your opinion on the 500 and 1000 Rs notes ban that happened in India a few years ago. What do you think was the effect of that decision?
The decision to ban the 500 and 1000 Rs notes was a bold move aimed at eliminating black money and counterfeiting. However, it did cause some inconvenience to the general public and small businesses who relied on cash transactions. The long-term effects of the ban are still being debated, but it did lead to an increase in digital transactions and a push towards a cashless economy.