Tag: Demonetisation

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Why has the RBI withdrawn Rs 2,000 notes?

GS Paper 3  Syllabus: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment   Source: IE Context: The RBI has decided to withdraw the Rs 2000 denomination banknotes from circulation.   When were the Rs 2000 banknotes introduced? On November 8 2016, the PM of India announced demonetisation, withdrawing two …

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Supreme Court upholds demonetisation: What was the challenge about?

GS Paper 2 Syllabus: Government Policies and Interventions for Development in various sectors and Issues arising out of their Design and Implementation   Source: IE  Direction: The article highlights the background in which the issue of demonetisation reached the SC, arguments in favour and against demonetisation and the recent SC verdict.   Context: The Supreme …

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