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How can changing 500 and 1000 rupee notes end the black money in India?
Can you explain to me how changing 500 and 1000 rupee notes can end the black money in India?
The Indian government's decision to demonetize 500 and 1000 rupee notes was aimed at curbing black money, corruption and terrorism. The idea behind this move was to flush out unaccounted money from the economy and force people to deposit their cash in bank accounts, enabling the government to better track and regulate transactions.