11 Nov 2016 | GS2 | Recently the government has demonetised Rs 500 and Rs 1000 notes. The government has said that the decision will help combat terror financing and corruption. Explain how demonetisation will help achieve each of these objectives. What are the costs of the demonetisation?

GS2 (Polity and Governance)

Recently the government has demonetised Rs 500 and Rs 1000 notes. The government has said that the decision will help combat terror financing and corruption. Explain how demonetisation will help achieve each of these objectives. What are the costs of the demonetisation?

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