demonetisation
Noun
Meaning
ending something (e.g. gold or silver) as no longer the legal tender of a country
Source: WordNetSynonyms
Antonyms
Hypernyms
Examples
“All major decisions, such as demonetisation, GST implementation and lockdown, were taken by an individual, bringing misery to the people,” he said.
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.
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”.
Against the backdrop of demonetisation intended to eliminate black money and introduce clean transactions, the Budget barred any transaction in cash above Rs3 lakh.
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”.
Drawing on survey data from rural Tamil Nadu, the effects of demonetisation are documented.