The conversation between human and AI assistant.
What are pros and cons of 500 and 1000 currency notes abolishing?
But won't it harm the rural communities who rely on cash transactions?
Yes, it can potentially harm small businesses and individuals who rely on cash transactions. These people may not have access to digital payment methods and may find it difficult to conduct their day-to-day transactions. This is a major con of abolishing high-value currency notes.