demonetization (Meaning)
demonetization (n)
ending something (e.g. gold or silver) as no longer the legal tender of a country
demonetization (n.)
The act of demonetizing, or the condition of being demonetized.
Synonyms & Antonyms of demonetization
No Synonyms and anytonyms found
demonetization Sentence Examples
- The demonetization of high-value currency notes aimed to curb black money circulation in the economy.
- The sudden announcement of demonetization caught many citizens by surprise, leading to long queues at banks.
- The government's decision for demonetization sparked heated debates among economists and policymakers.
- Small businesses struggled to cope with the liquidity crunch caused by demonetization.
- Citizens rushed to exchange their old currency notes following the announcement of demonetization.
- The process of demonetization required careful planning to minimize disruption to the economy.
- The Prime Minister addressed the nation to explain the rationale behind demonetization and its benefits.
- Despite initial challenges, supporters argued that demonetization would lead to a more transparent and cashless economy.
- The effects of demonetization were felt across various sectors, affecting both urban and rural populations.
- The government implemented various measures to ease the transition after demonetization, including promoting digital payments and financial inclusion.
FAQs About the word demonetization
ending something (e.g. gold or silver) as no longer the legal tender of a countryThe act of demonetizing, or the condition of being demonetized.
No synonyms found.
No antonyms found.
The demonetization of high-value currency notes aimed to curb black money circulation in the economy.
The sudden announcement of demonetization caught many citizens by surprise, leading to long queues at banks.
The government's decision for demonetization sparked heated debates among economists and policymakers.
Small businesses struggled to cope with the liquidity crunch caused by demonetization.
