The conversation between human and AI assistant.
Indian government demonetized Rs 500 and 1000 notes but replaced them with 500 and 2000 note. Isn't this contradicting?
But isn't introducing a higher denomination note like Rs 2000 contradicting the goal of curbing black money?
The introduction of new currency notes with advanced security features makes it more difficult for counterfeiters to create fake notes. Additionally, the government has increased its focus on tax compliance to deter the hoarding of cash and unaccounted money.