The conversation between human and AI assistant.
How does banning 500 and 1000 rupee notes help to control black money?
Can you explain how banning 500 and 1000 rupee notes is supposed to help control black money?
By banning these high denomination notes, the government aims to curb the flow of unaccounted cash or black money in the economy as these notes are often used for unlawful activities like tax evasion and money laundering.