Which of the following was NOT the objective behind the demonetization of 8th…
2018
Which of the following was NOT the objective behind the demonetization of 8th November 2016?
- A.
To prevent naxal activities and terrorist activities
- B.
To remove old notes
- C.
To increase digital transaction
- D.
To unearth black money
Attempted by 2 students.
Show answer & explanation
Correct answer: B
The 2016 demonetization aimed to curb black money, eliminate counterfeit currency, and promote digital payments. Removing old notes was the method used to achieve these broader economic objectives rather than an objective itself.