The conversation between human and AI assistant.
How is the decision made by Indian Govt to demonetize ₹500 and ₹1000 is useful?
I want to discuss the decision made by the Indian government to demonetize ₹500 and ₹1000 in 2016. Do you think it was a useful decision?
From an economic standpoint, the demonetization was intended to target black money, counterfeit currency, and terror financing. However, the actual impact of the decision is still debated among economists.