The conversation between human and AI assistant.
Will the initiative to ban ₹500 and ₹1000 notes succeed in curbing all the Black money getting circulated? How about Black money saved in Swiss banks?
I want to discuss the recent demonetization of ₹500 and ₹1000 notes in India. Do you think it will be successful in curbing black money circulation?
The initiative to ban ₹500 and ₹1000 notes was taken to curb corruption, counterfeiting and black money. It is still too early to say if it will be successful in curbing black money circulation, but it is a step in the right direction.