Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsLiberalisation, Privatisation And Globalisation3 Marks
Question
What is demonetisation?
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Answer
Demonetisation means stopping a form of currency from being legal tender. That means that this currency can no longer be legally used. It cannot be used to buy things and if it is paid into the bank, your bank manager should not accept it.
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