The conversation between human and AI assistant.
What are the pros and cons of banning currency notes of 500 and 1000 in India?
Has the black money issue in India been solved after banning the large currency notes?
While the demonetization move helped unearth a lot of black money, it is not a permanent solution as people may still find ways to hoard unaccounted money in different forms. The government needs to implement long-term solutions to curb the issue of black money.