Demonetisation made what share of the money in circulation invalid?
A56 per cent
B26 per cent
C96 per cent
D86 per cent
Answer & Solution
Correct answer: D. 86 per cent
1. People had to deposit the notes in banks.
2. 86 per cent of circulating money became invalid.
3. Cash withdrawals were restricted.
_Source: syllabus Business Studies, Chapter 3, Business Environment._
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