The conversation between human and AI assistant.
How will demonetising ₹500 and ₹1,000 notes help reduce corruption in India?
Can you elaborate on the increase of digital transactions in India?
Certainly. By removing large denomination notes, people will likely be more inclined to use digital transactions, which can be easily tracked and are more secure. This, in turn, will lead to a decrease in the use of cash and hence, be beneficial to the economy.