What is the logic behind scrapping of 500 and 1000 rupee notes by the Indian Government?
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?