The conversation between human and AI assistant.
How is black money gonna go off with no longer the use of same 500 and 1000 notes?
I want to know about the impact of demonetization on black money.
Sure, I can help you with that. The demonetization of Rs.500 and Rs.1000 notes has affected the circulation of black money in the economy. It has become difficult for people with unaccounted cash to launder their money, and thus, making it harder to hoard black money in the future.