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What would be the possible impact on Indian economy after cancellation of 500 and 1000 Rs notes?
Can you tell me about the recent cancellation of 500 and 1000 Rs notes in India and how it will impact the economy?
Certainly. The cancellation of 500 and 1000 Rs notes in India was a move aimed at combating corruption and black money. The impact on the economy is expected to be significant in the short term, as many people will be forced to deposit their cash in banks and other financial institutions.