Match the following list I with list II

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Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Match the following list I with list II for the impact of demonetisation-

LIST 1	LIST 2
(A) Public sector wealth	(I) Bank deposits increased
(B) Private wealth	(II) Declined since some high demonetised notes were not returned
(C) Tax collection	(III) Rise because of increased disclosure
(D) Money/Interest rates	(IV) No effect

Choose the correct answer from the options given below:

Options:

A-IV, B-II, C-III, D-I

A-I, B-III, C-II, D-IV

A-I, B-II, C-III, D-IV

A-IV, B-III, C-II, D-I

Correct Answer:

A-IV, B-II, C-III, D-I

Explanation:

The correct answer is option 1- A-IV, B-II, C-III, D-I.

LIST 1	LIST 2
(A) Public sector wealth	(IV) No effect
(B) Private wealth	(II) Declined since some high demonetised notes were not returned
(C) Tax collection	(III) Rise because of increased disclosure
(D) Money/Interest rates	(I) Bank deposits increased

IMPACT OF DEMONETISATION

1.	Money/Interest rates	i. Decline in cash transactions ii. Bank deposits increased iii. Increase in financial savings
2.	Private wealth	Declined since some high demonetised notes were not returned and real estate prices fell
3.	Public sector wealth	No effect
4.	Digitisation	Digital transactions amongst new users (RuPay/AEPS) increased
5.	Real estate	Prices declined
6.	Tax collection	Rise in income tax collection because of increased disclosure