DEMONETIZATION AND ITS IMPACT ON INDIAN ECONOMY

S.K. Govil

Abstract


Demonetization is the act of stripping a currency unit of its status as legal tender and it is necessary whenever there is a change of national currency. The process of demonetization involves either introducing new notes or coins of the same currency or completely replacing the old currency with new currency.

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DOI: https://doi.org/10.20994/jmve.v7i1.7367

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