Question

I will definitely down vote, if essay is inappropriate
6) Main advantage of demonetization in india ? (Pick one from below and do not select multiple answers)
a) terrorism
b) corruption
c) black money
d) None of the Above

Answer 1

Solution:

The Answer is c) Black Money.

Explanation:

1) According to information available, the main advantage is back money because of reasons like:

a) Immediate change in currency will create a panic in black money holders and make them either lose that money or try convert that money to legal(white) money.

b) If such people lose black money that will indirectly added to national treasury.

c) If such people try to convert that money to legal money, then it will directly enter into economy cycle.

2) Terrorism and Corruption may be controlled through demonetization but it will not be a direct effect.So, Remaining options are Incorrect.