The document discusses whether India's 2016 demonetization was a success or failure and its impacts. It notes demonetization's relevance for civil service exams, covering its analysis, impact on the economy and other sectors in mains exams and using a case study approach in interviews. The document also lists potential merits like tackling the grey economy and terrorism financing, but also potential demerits such as political overtones, crippling of the rural economy and job losses.

1. Was demonetization a success or
failure ?
Was it worth it ?
How has it impacted our economy ?
Hrishikesh

2. Its relevance in Civil services exam
Prelims : M1 = CC + DD
Mains : Analysis, Impact on
economy and other sector
Interview : case stuydy
approach .

3. Merits of Demonetization
 Tackle grey economy .
 Terror financing
 Inflation
 tax collection
 Cashless economy
 Efficiency in governance
Hrishikesh

4. Demerits of Demonetization
 Political overtone… schadenfredue factor
 No windfall gain
 Crippling of Rural economy .
 Joblessness among daily wages labourers
 Skewed Supply –demand
 huge man hour wasted in ATM lines
 Pathetic implementation leading to more chaos .
Hrishikesh