Demonetization of currency is a radical monetary step which is done whenever there is change of national currency, replacing the old with new one. In case of India, the government took an unplanned decision of demonetization. As a result, not only the whole country has to face large trouble but also it affected the economy as a whole. To conduct the study secondary data is collected from various newspapers, comments of renounced economists and various reports of R.B.I. The study will enable to

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... etermine that whether government achieved its objectives and the suggestions to achieve the desired goal.