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How will Indian GDP be affected from banning 500 and 1000 rupees notes?
I'm curious about how the banning of 500 and 1000 rupees notes in India will affect their GDP. Can you give me some insights on that?
Certainly! The banning of high denomination notes has had a significant impact on India's GDP. According to reports, the move has caused a slowdown in economic growth as people had to deal with a cash crunch affecting buying patterns and businesses had to face losses due to the cash shortages.