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The main objective of demonetization is to purge unaccounted cash in the system. But still after five years of demonetization cash in circulation (CIC) to
The main objective of demonetization is to purge unaccounted cash in the system. But still after five years of demonetization cash in circulation (CIC) to GDP ratio at present is 14.5% while before demonetization it was 12%. Discuss the reasons for the same and state whether demonetization is successful or not according to you.Give specific reasons.
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