Did the Indian government ban the 500 Rs & 1000 rupees notes?
What led Indian government to remove 500 and 1000 rs notes from circulation? Will be able to remove black economy?
Shouldn't Mr. Modi have introduced the Rs. 500 note in the market first for ease of trade before having introduced the Rs. 2000 note? After Govt banning Rs. 500 and 1000 currency note, the withdrawal limit is up to 10,000 per day. But I saw a senior citizen was withdrawing 80,000? What is the purpose of issuing 2000 Rs note, if the main reason behind it was to stop cross boarder illegal money supply? Why did Modi change the currency notes in India?