👉 Demonetisation, also known as devaluation or devaluation of currency, is an action taken by a government to reduce the value of its currency in order to reduce inflation and stabilize the economy. This can be done through changes in the exchange rate between the country's currency and other currencies, or through measures such as removing coins from circulation. The main purpose of demonetisation is to make it more difficult for individuals to obtain new bills or coins, which can lead to increased demand for existing
Outrageously Funny Search Suggestion Engine :: Demonetise
What is the definition of Demonetise? 🙋
👉 The term "demonetise" in this context refers to the process of removing or reducing the amount of money that is currently being issued by a government, bank, or other financial institution. This can involve changing currency denominations, issuing new coins with different values, or simply decreasing the number of notes and bills that are available for circulation. The decision to demonetise often comes about as a measure taken by governments in response to protests or public outrage over recent high-profile incidents of black money
