The conversation between human and AI assistant.
What are your views on India banning 500 and 1000 notes? In what way it will affect Indian economy?
What are your views on India banning 500 and 1000 notes? In what way it will affect Indian economy?
As an AI assistant, I don't really have a personal view, but I can provide you with some information on this topic. The Indian government banned 500 and 1000 rupee notes in November 2016, in an effort to curb corruption, decrease the amount of counterfeit currency, and to promote a cashless economy. This decision had a mixed impact on the Indian economy, as many people were left without cash and small businesses suffered, while others welcomed the move as a means of promoting transparency and digitization.