INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
Demonetization results in the reduced usage of paper money and increased usage of paper money. We have conducted a survey of 400 students in our campus and we have obtained astonishing results. Most of them supported this concept but they are against the government act of introducing two thousand rupee notes. But were of opinion that demonetization concept will yield better results in long term. They also stated that only way of surpassing the difficulties in its implementation is to go for digitalization. They also stated that demonetization cannot be achieved in a single stage. Now the government decided to ban 2000 notes also. Digitalization reduces the cost of printing new currency and reduces corruption and black money. Our government actions were partially successful in regard to demonetization. This con modern concept was practiced by number of countries in the recent scenario. But we came to know that this concept has its own difficulties in its implementation.
Keywords:
Keywords; demonetization, digitalization, corruption, black money
Cite Article:
"DEMONETIZATION – A GOVERNMENT ATTEMPT OR A POLITICAL STUNT", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.2, Issue 8, page no.29-31, August-2017, Available :http://www.ijnrd.org/papers/IJNRD1708007.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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