GK Question

history easy true_false

The 'Demonetization' of ₹500 and ₹1000 notes was announced on November 8, 2016.

  1. True
  2. False

Answer: True

On November 8, 2016, the Government of India announced demonetization of ₹500 and ₹1000 currency notes to curb black money, counterfeit currency, and promote digital transactions. [[30]]

Topic Miscellaneous - Current Affairs Historical Context
Exam Relevance SSC, UPSC, Banking, Railway