Noun
ending something (e.g. gold or silver) as no longer the legal tender of a country
Source: WordNet“All major decisions, such as demonetisation, GST implementation and lockdown, were taken by an individual, bringing misery to the people,” he said. Source: Internet
The journey of Mahavir Singh Phogat to make the best space for her daughters became one of the hit topics of 2016, even amidst demonetisation. Source: Internet
He pointed to the sharp increase in SME NPAs post demonetisation in 2017-18, and predicted that “we will see a similar situation, at a much larger magnitude”. Source: Internet
Against the backdrop of demonetisation intended to eliminate black money and introduce clean transactions, the Budget barred any transaction in cash above Rs3 lakh. Source: Internet
BDK regard demonetisation as “a policy designed, in effect, as a one-time tax on black money” and propose that its “success has to be measured by the sum of tax revenue generated and black money destroyed”. Source: Internet
Drawing on survey data from rural Tamil Nadu, the effects of demonetisation are documented. Source: Internet