56. Which of the following was not one of the objectives of demonetization?

a) Curb Corruption

No worries! We‘ve got your back. Try BYJU‘S free classes today!

b) To drive out soiled motes

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

c) To check counterfeiting

No worries! We‘ve got your back. Try BYJU‘S free classes today!

d) To prevent use of money for terrorist financing

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B
b) To drive out soiled motes

56 Ans B
Explanation: a, c, d are objectives; 4th objective was to check the generation of black money.

Suggest Corrections

Similar questions

58. Which among the following is correct?

i) India’s demonetization was a first of its kind in its post-independent history

ii) Unlike in other countries demonetization was done in the context of rising inflation and poor growth

Q10. "Demonetization" of Rs. 500 and Rs. 1000 currency notes has resulted in which of the following?

76. "Demonetization" of Rs. 500 and Rs. 1000 currency notes has resulted in which of the following:

80. Consider the following statements with respect to Pradhan Mantri Garib Kalyan Yojana, 2016

i. PMGKY was proposed by Taxation laws (Second Amendment) Bill, 2016

ii. Its aim is to use the black money collected post demonetization in welfare of the poor

Which of the above statements are correct?

Join BYJU'S Learning Program