CBSE 2021 Class 12 Economics Term 1 Paper

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Question : 5
Total: 60
Read the given statements carefully and choose thc correct alternative:
Statement 1: Demonetisation was an initiative taken by the Government of India to curb black money, terrorism and circulation of fake currency.
Statement 2: Demonetisation has lead people to shift from cash payments to electronic payments.
Solution:  
(a) Both the statements are true.
Explanation: Both the statements are true as it was an initiative taken by Govt. and it has lead people.
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