Question 29 of 35
Q.2016 Demonetization of currency includes denominations of :
(a) ₹ 500 and ₹ 1000
(b) ₹ 200 and ₹ 500
(c) ₹ 1000 and ₹ 2000
(d) Both
(a) and (b)
Tamil Nadu DgeTamil Nadu HSC (DGE) Commerce Board 2025MCQ· 1mImportance★★★★★
83% · 29/35 Questions
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Start your 14-day free trial to unlock the full solution →The 2016 demonetisation covered ₹500 and ₹1000 notes — option (a).
In the Tamil Nadu HSC Class-12 Economics (Monetary Economics) syllabus, demonetisation is the withdrawal of the legal-tender status of currency notes. On 8 November 2016, the Government of India demonetised the existing high-value notes of ₹500 and ₹1000, to curb black money, counterfeit currency and …
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