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Abstract

In India demonetization brings a lot of cash crisis like shortage of currency. Even the primary motto of demonetization is to prevent the illegal currency savings of people like black money, practically it is not succeeded as planned. It even affects the growth of the nation and even GDP rate of our country. Demonetization is the process of cancellation of existing currency by introducing new currency in the place of such cancelled currency. This paper constitutes how demonetization affects the savings habits and investment choices of people after demonetization. For the study both primary and secondary data are considered.

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