Which of the following is a feature of demonetisation?

All of the above

Features of demonetization are:
1. Demonetisation is viewed as a tax administration measure.
2. Demonetisation also led to channelizing savings into the formal financial system.
3. Another feature of demonetisation is to create a less-cash or cash-lite economy, i.e., channeling more savings through the formal financial system and improving tax compliance.