The government of India announced demonetization of the currency notes of Rs 500 and Rs. 1000 on which date?

6th November, 2016 8th November, 2016 7th November, 2017 6th November, 2018

8th November, 2016

On 8 November 2016, the Government of India announced the demonetisation of all ₹500 and ₹1,000. This was done to fulfill the following objectives: fighting black money fake notes creating a cashless economy  Reducing funding for terrorism