Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
 “Demonetization is the withdrawal of a
particular form of currency from circulation.”
 It is a process by which a serie...
What Happened on
Demonetization?
 On 8th November 2016, Government of India had
announced that from today onward rupees 5...
Demonetization History and
Background In India ?
 This is not the First time, When Indian
Currency is Demonetized in Indi...
Major Aim of Demonetization
 Making India A Cash less Society .
What are the causes of
Demonetization?
 There can be many causes of Demonetization
in any economy such as :
Black Market...
Pros of Demonetization in India
Attack On Black Money Holders
 Death Knell To Fake Currency
Rackets
End of Terrorist Fu...
Cons of Demonetization in India
Rush at Banks
Shortage of Money to
Common People
Short Term Inflation
Impact of Demonetization on
Indian Economy
Effects on Money Supply
Effects on Money Supply
Effect on Prices
Effect on ...
The advantages are much dominating and it
will be in the long term interest of our country
comfortably outweighing the di...
THANK
YOU
Demonetisation
Upcoming SlideShare
Loading in …5
×

Demonetisation

388 views

Published on

demonetisation

Published in: Education
  • Be the first to comment

Demonetisation

  1. 1.  “Demonetization is the withdrawal of a particular form of currency from circulation.”  It is a process by which a series of currency will not be legal tender.  The series of currency will not acceptable as valid currency. What Is Demonetization ?
  2. 2. What Happened on Demonetization?  On 8th November 2016, Government of India had announced that from today onward rupees 500 and 1000 rupee note will not be a legal tender.  Means that 500 and 1000 rupee notes will not be accepted by anyone except the organization declared by the government.  Public can deposit and change the currency from the banks and post offices till 30th December 2016.
  3. 3. Demonetization History and Background In India ?  This is not the First time, When Indian Currency is Demonetized in India .  Earlier it was done in 1946 with the complete ban of Rs. 1000 and Rs. 10000 Notes to deal with the unaccounted money i.e. Black Money.  Second time, it was done in 1978 by Govt headed by Morarji Desai when Rs. 1000, Rs. 5000 and Rs. 10000 Notes were demonetized.
  4. 4. Major Aim of Demonetization  Making India A Cash less Society .
  5. 5. What are the causes of Demonetization?  There can be many causes of Demonetization in any economy such as : Black Marketing, Currency Storage, Corruption,  Fake currency in the economy etc.
  6. 6. Pros of Demonetization in India Attack On Black Money Holders  Death Knell To Fake Currency Rackets End of Terrorist Funding End of Huge Donations Hawala Transactions End
  7. 7. Cons of Demonetization in India Rush at Banks Shortage of Money to Common People Short Term Inflation
  8. 8. Impact of Demonetization on Indian Economy Effects on Money Supply Effects on Money Supply Effect on Prices Effect on Online Transactions and alternative modes of payment
  9. 9. The advantages are much dominating and it will be in the long term interest of our country comfortably outweighing the disadvantages. Government need to take all the necessary steps so as to ensure that there will be a smooth flow of currency exchanges. It will make a massive change in our economy. We congratulate the entire government and those hidden brains of our democracy who brought this decision. CONCLUSION
  10. 10. THANK YOU

×