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What is the reason behind demonetising 1000 rupee notes and introducing a 2000 rupee note?
Why did the government decide to introduce a 2000 rupee note instead of a smaller denomination note?
The government introduced a 2000 rupee note to make it easier for people to carry out large transactions without having to carry too many notes. It was also a way to replace the older 1000 rupee notes with a higher denomination note to reduce printing costs and improve efficiency in currency management.