Demonetisation in India was taken up by the government in:
(
This question was previously asked in
Shift 11/06/2023 3:30 PM - 6:30 PM
A
July 2016
B
August 2016
C
September 2016
D
November 2016
Correct Answer
November 2016
Detailed Explanation
- On 8 November 2016, the Government of India announced the demonetisation of all ₹500 and ₹1,000 banknotes of the Mahatma Gandhi Series.
- It also announced the issuance of new ₹500 and ₹2,000 banknotes in exchange for the demonetised banknotes.
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