Why did the Indian government ban Rs. 500 and Rs. 1000 currency?
What led Indian government to remove 500 and 1000 rs notes from circulation? Will be able to remove black economy?
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?