The conversation between human and AI assistant.
Will banning of Rs.500 and Rs.1000 currency notes affect the economy?
Won't the banning of high-value currency notes lead to a decrease in cash transactions, causing a slowdown in the economy?
The proponents of demonetization argue that the shift towards digital transactions will ultimately lead to greater efficiency and transparency in the economy. However, it may take time for the transition to be smooth and effective.