{"id":74047,"date":"2022-01-15T10:25:13","date_gmt":"2022-01-15T10:25:13","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=74047"},"modified":"2022-01-15T10:25:13","modified_gmt":"2022-01-15T10:25:13","slug":"on-8th-november-2016-with-the-announcement-from-government-of-india-all-the-%e2%82%b9500-and-%e2%82%b91000-banknotes-of-the-mahatma-gandhi-series-have-ceased-to-be-a-legal-tender","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/on-8th-november-2016-with-the-announcement-from-government-of-india-all-the-%e2%82%b9500-and-%e2%82%b91000-banknotes-of-the-mahatma-gandhi-series-have-ceased-to-be-a-legal-tender\/","title":{"rendered":"On 8th November 2016, with the announcement from Government of India, all the \u20b9500 and \u20b91,000 banknotes of the Mahatma Gandhi series have ceased to be a legal tender"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>Q. On 8th November 2016, with the announcement from Government of India, all the \u20b9500 and \u20b91,000 banknotes of the Mahatma Gandhi series have ceased to be a legal tender. The givemment also announced the issuance of new \u20b9500 and \u20b92,000 banknotes in exchange for the demonetised banknotes. Identify the concept being described in the above lines.<\/strong><\/h3>\n\n\n\n<p>A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Globalisation<\/p>\n\n\n\n<p>B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Liberalisation<\/p>\n\n\n\n<p>C.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Demonetisation<\/p>\n\n\n\n<p>D.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Privatisation<\/p>\n\n\n\n<p>Answer: Demonetisation<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 8th November 2016, with the announcement from Government of India, all the \u20b9500 and \u20b91,000 banknotes of the Mahatma Gandhi series have ceased to be a legal tender<\/p>\n","protected":false},"author":419,"featured_media":74048,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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