A Short Essay, Article on Demonetization and its Impact.
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Demonetization of Currency - Merits and Demerits. Effects of demonitisation: merits of demonetisation and the demerits of demonetisation based on positive and negative effects of demonetisation. An essay not a speech for UPSc prepration on the advantages and disadvantages of the currency recall by the Indian Government.
Free 830 words essay on impact of demonetization on India’s GDP and economic growth for school and college students. On 8 th November 2016, India was shaken from its post-workday relaxation by an announcement, straight from the Prime Minister’s office, declaring that from midnight that day, 500 and 1000 rupee notes will no longer be in circulation.
Cashless Economy Essay Merits of demonetisation: The Government of India demonetized currency notes of and rupees in a historic decision. Before demonetisation on 8 Novemberthere was a high volume of black and fake notes in the Indian market. Also, individuals and agencies had high amounts of unpublished currency available in the form of hard cash.
Essay on demonetisation on 200 words Ask for details; Follow Report by Pihu8116 14.11.2017 Log in to add a comment.
Demonetization is the act of stripping a currency unit of its status as legal tender, a country completely replaces the old currency with new currency notes that we use on legal tenders issued by the Government of India. why a country may demonetize its currency?
Demonetisation Essay Demonetization is the act of stripping a currency unit of its status as legal tender. It occurs whenever there is a change of national currency: The current form or forms of money is pulled from circulation and retired, often to be replaced with new notes or coins.