The conversation between human and AI assistant.
What is your opinion on PM Narendra Modi's decision to ban INR 500 and INR 1000 notes?
That would be helpful. Can you explain the effects on the Indian economy?
The ban of high denomination notes had both positive and negative effects. It aimed to curb corruption, reduce the circulation of counterfeit notes, and promote digital payments. However, it also caused a temporary cash shortage and some economic disruption.