Practice Box No. 3.2: Demonetisation (3.6) - Money and Banking - CBSE 12 Introductory Macroeconomics
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Box No. 3.2: Demonetisation

Practice - Box No. 3.2: Demonetisation

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What was the main reason for demonetisation in India?

💡 Hint: Think about illegal financial activities.

Question 2 Easy

What denominations were withdrawn during demonetisation?

💡 Hint: Consider the highest notes in circulation before the reform.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What was one of the main goals of demonetisation in India?

To increase cash circulation
To eliminate black money
To enforce higher taxes

💡 Hint: Consider why the government took such a bold step.

Question 2

Demonetisation in India involved the withdrawal of which currency notes?

💡 Hint: Think about the two highest denominations.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Discuss the complex economic impacts of demonetisation on small vs. large businesses.

💡 Hint: Consider how different scales of business manage cash flow.

Challenge 2 Hard

Evaluate the psychological effects of demonetisation on the population's trust in government financial policies.

💡 Hint: Think about how fear and hope play in public sentiment.

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