SHORT GLIMPSE ON DEMONETISATION IN INDIA

2. DEMONETISATION?
• Act of stripping
a currency unit of its status
as legal tender.
• Necessary whenever there
is a change of national
currency.
• The old unit of currency
must be retired and
replaced with a new
currency unit.

3. Why? • Cash hoarding
• Fake currency
• Undeclared
income
• Illegal activities
1. Terrorism
2. Drug trade
3. Corruption

4. CASH HOARDING FAKE CURRENCY
UNDECLARED INCOME DRUG
TERRORISM CORRUPTION

6. What to do with
old notes? • Exchange them
1. Voter ID
2. Aadhar card etc.
• Deposit them (Bank)
• Use them
1. Petrol pump
2. Hospitals etc.

7. IMPACT OF DEMONETISATION:
BLACK MONEY GDP
MARKET IMPACT

8. IMPACT (+ve)
Traceability
Bring more money
Reset the black
money clock
Reset the fake
money

9. IMPACT (-ve)
Housing finance
companies
Jewellery
companies
Consumption
sector
Real estate

10. Gold,
silver etc.
Dumping
Donations Exchange
business
SOME OF THE ILLEGAL WAYS OF
TACKLING:

11. Assurance given by
PM Modi ?

12. Are people
supporting the bold
move?

14. REACTIONS ON SOCIAL MEDIA:

15. LATEST SURVEY
CONDUCTED:

17. ATM
Withdrawal
Deposit
•Limit 2000/-
•Limit 2500/- (upcoming)
•2.5 Lakhs ( marriage)
•20000 (weekly before 14th NOV.)
•24000 through cheque (weekly
after 14th NOV.)
•From CC 50000 (weekly)
•25000 (upcoming)
•No limit
• Separate queues for Senior Citizens and Divyang persons, customers
with accounts in the Bank and for customers for exchange of notes.
• *Business entities-Current account-since last 3 months-50000/-
• *Framers weekly limit 25000/-

18. CONCLUSION:

19. Thank You!
- AASHI MEHTA
- SHRUTI AGRAWAL