The conversation between human and AI assistant.
How would changing the 500 and 1000 currency notes help indian government in dealing with corruption?
I think it will help in decreasing black money and corruption. The people who hoarded money and didn't pay taxes will now have to put their money into the bank and pay taxes on it.
That's correct. The demonetization of 500 and 1000 currency notes will bring more transparency in financial transactions and reduce the flow of black money in the economy. What else do you think the Indian government can do to tackle the issue of corruption in India?