List any two reasons for which a country sought Demonetisation?

1.	List any two reasons for which a country sought Demonetisation?
Answer» The following are the reasons for Demonetisation: (i) Combating corruption (ii) Combating crime (iii) Combating inflation (iv) Combating counterfeit currency (v) Combating tax evasion (vi) Encourage cashless economy (vii) facilitate trade (sometimes).

Answer»

The following are the reasons for Demonetisation:

(i) Combating corruption

(ii) Combating crime

(iii) Combating inflation

(iv) Combating counterfeit currency

(v) Combating tax evasion

(vi) Encourage cashless economy

(vii) facilitate trade (sometimes).

Discussion