Economics · Monetary Policy and Currency Reforms
Which of the following is a primary objective of demonetisation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To increase the value of the currency
- 2To reduce GDP growth
- 3To combat black money and counterfeit currency✓
- 4To increase inflation
Correct answer
To combat black money and counterfeit currency
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