Demonetization

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:defines the act of stripping a currency unit of its status as legal tender
gptkbp:effect increase in digital transactions
disruption of cash-based transactions
short-term economic slowdown
https://www.w3.org/2000/01/rdf-schema#label Demonetization
gptkbp:notableExample India 2016 demonetization
Nigeria 2023 demonetization
Zimbabwe 2015 demonetization
gptkbp:opposedBy remonetization
gptkbp:purpose to combat inflation
to encourage digital payments
to fight corruption
to reduce black money
gptkbp:relatedTo gptkb:currency
gptkb:economic_policy
legal tender
gptkbp:bfsParent gptkb:Pradhan_Mantri_Garib_Kalyan_Yojana
gptkbp:bfsLayer 7