Practicing Success
Which of the following statements is true in regards to "Demonetization"? Statement 1- On November 8, 2014, the government announced a historic measure, with profound implications for the economy. Statement 2- Two largest denomination notes of 1,000 and 2,000 were demonetized with immediate effect.
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Only statement 1 is true Only statement 2 is true
Both statement 1 and statement 2 are true Neither statement 1 nor statement 2 is true |
Neither statement 1 nor statement 2 is true |
On November 8, 2016, the government announced a historic measure, with profound implications for the economy. Two largest denomination notes of 500 and 1,000 were demonetized with immediate effect. |