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10 Big events that shocked India in 2016
Demonetization...
Indian government withdrew Rs. 500 and Rs. 1000 currency notes with the immediate effect on 8th November 2016 and issued new Rs. 500 and Rs. 2000 currency notes. The government claimed that the demonetization was an effort to stop counterfeiting of the current banknotes allegedly used for funding terrorism, cracking down on black money, reduce corruption, the use of drugs, and smuggling.
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