The conversation between human and AI assistant.
How exactly does banning Rs 500 and Rs 1000 notes curb the problem of black money?
Are there any other measures that can be taken to combat black money?
Yes, various measures have been proposed and implemented by governments around the world. These include increased transparency and reporting requirements for financial transactions, stricter penalties for tax evasion and money laundering, and improvements to tax systems to reduce loopholes and encourage compliance.