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4) The union government has announced that five hundred and thousand rupee notes will cease to be legal tender from today (9 Nov 2016). Critically discuss objectives and likely impact of this move on various sectors and stakeholders. (300 Words)

Topic: Prevention of money laundering

4) The union government has announced that five hundred and thousand rupee notes will cease to be legal tender from today (9 Nov 2016). Critically discuss objectives and likely impact of this move on various sectors and stakeholders. (300 Words)

RBI

The Hindu

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Livemint

Livemint