Which state became the first state to adopt resolution on demonetisation

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Punjab
B	Assam
C	Haryana
D	Chhattisgarh

Explanation:

Detailed explanation-1: -Chhattisgarh has become the first Indian state to adopt a resolution on demonetization of high-value currency notes. The decision was taken to flush out black money from the system and to usher in the clean transaction and clean money system.

Detailed explanation-2: -On 8 November 2016, the Government of India announced the demonetisation of all ₹500 and ₹1, 000 banknotes of the Mahatma Gandhi Series. It also announced the issuance of new ₹500 and ₹2, 000 banknotes in exchange for the demonetised banknotes.

Detailed explanation-3: -Demonetisation has been implemented twice-1946 and 1978 – in the past. The first currency ban: In 1946, the currency note of Rs 1, 000 and Rs 10, 000 were removed from circulation.

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