What is the effect of black money on our economy? – InterviewSolution

1.	What is the effect of black money on our economy?
Answer» Black money circulation in the parallel economy is a big menace to the economy. It is also a cause of big loss in the tax revenues for the government. As such it needs to be curbed. Its elimination will benefit the economy in more than one way. It will also generate more revenues for the government.

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