Tag Archives: positive and negative impact of ban of currency note

Essay on Impact of note ban in India ?

Free 1000 words essay on Impact of note ban in India for school and college students.

India witnessed a historical decision in the month of November 2016, when Rs.500 and Rs.1000 notes were banned and completely withdrawn from the market, as per instructions of our Honorable Prime Minister Shri Narendra Modi. All of a sudden, there was a sudden growth of anxiousness amongst the Indian citizens as these were the highest denominations notes till date. Therefore, almost 87% of cash in the Indian economy suddenly became invalid that amounts to around Rs. 14lakhs crores! Aimed at curbing black money and use of it in terrorist activities, this step was undoubtedly a big step towards ending corruption by Shri Narendra Modi. However, there have been various other implications of this step in almost every sphere of the lives of the common people of India as well as broadly over the whole of Indian economy. Let us have a detailed look at some of the pros and cons of the recent note ban. Continue reading

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Essay on positive and negative impact of ban of Rs500 & rs1000 in India

Free 509 words Essay on positive and negative impact of ban of Rs.500 and Rs.1000 in India for school and college students

One of the shocking decisions taken by our Prime Minister, Shri Narender Modi that came into effect on November 8, 2016, late night. This day became the shocking day ever seen in history of the country like India. Let us have a look at the positive and negative impacts of ban of Rs.500 and Rs.1000 notes in India. Continue reading

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