Why were the 500 and 1000 rupee notes demonetized?
Why is 500 and 1000 rupee notes discontinued?
Why did the RBI start a 1 rupee note? Why is the one rupee-note printed by the government of India and other denominations by RBI? How many people have died because of demonetization of 500 and 1000 rupee notes till now? Why can we not print our own rupee notes infinitely and use them in the international market? What are the chances new 2000 rupee note will also be discontinued in few years? 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? Why can't the Indian government print as many currency notes it wishes and clear the fiscal deficit? For that matter why can't any country in the world do the same? Eleven of the 14 lakh crore rupees have already been deposited in the banks. Has the Modi government failed since all this money will turn into white? Where does the money actually go if someone fails to deposit old Rs 500 or Rs 1000 notes to the bank before the 31st of December? After how many visits to the ATMs/Banks were you able to withdraw a total of INR 24000 post the demonetization of old currency notes in India?