The conversation between human and AI assistant.
What do you think about the Indian Government policy of not circulating INR 500 and INR 1000?
Did other countries adopt similar policies?
Yes, many countries around the world have adopted similar policies in the past to combat corruption and counterfeit currency. For instance, the European Union phased out the 500 euro note in 2019, while Australia and Singapore have also taken steps to reduce the circulation of higher denomination notes.