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Business Environment — Business Studies STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceBusiness StudiesBusiness Environment1 Mark
Question
What is the objective behind demonetisation?
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Answer

The main objective behind demonetisation is to weed out black money and counterfeit notes from the system. It also aimed at fighting tax evasion, curbing inflation, eliminating terror funding and promoting cashless economy.

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