Practicing Success
Practicing Success
CUET Preparation Today
In the question given below, there are 2 statements marked as Assertion (A) and Reason (R). Choose the correct alternative from the following options. Assertion (A)- Demonetization has promote cashless transactions in the economy. Reason (R)- Demonetization was aimed at controlling the level of corruption in the economy to some extent. |
Both (A) and (R) are true and (R) is the correct explanation. Both (A) and (R) are true but (R) is not the correct explanation of (A). (A) Is true but (R) is false. (A) Is false but (R) is true. |
Both (A) and (R) are true but (R) is not the correct explanation of (A). |
Both (A) and (R) are true but (R) is not the correct explanation of (A). On 8 November 2016, the Government of India announced the demonetization of all ₹500 and ₹1,000 banknotes of the Mahatma Gandhi Series. It also announced the issuance of new ₹500 and ₹2,000 banknotes in exchange for the demonetized banknotes. The objective of demonization was:
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