In 2016, the government took the initiative of demonetization to eradicate black money and prevent the printing of fake notes. The official announcement for this was made by Prime Minister Narendra Modi. At that time, all the 500 rupee notes and 1,000 rupee notes in circulation were declared invalid. All these notes were replaced by new format
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In 2016, the government took the initiative of demonetization to eradicate black money and prevent the printing of fake notes. The official announcement for this was made by Prime Minister Narendra Modi. At that time, all the 500 rupee notes and 1,000 rupee notes in circulation were declared invalid. All these notes were replaced by new format