Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Money and Banking

Question:

Demonetisation in India was taken up by the government in :

Options:

July 2016

August 2016

September 2016

November 2016

Correct Answer:

November 2016

Explanation:

The correct answer is option (4) : November 2016

Demonetisation was a new initiative taken by the Government of India in November 2016 to tackle the problem of corruption, black money, terrorism and circulation of fake currency in the economy.