Why do countries demonetise their currencies?

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  • Опубліковано 2 лип 2024
  • What is demonetisation? What is the meaning of demonetisation? Recently Indian prime minister Narendra Modi / Government of India, took an abrupt step of demonetising rupees 500 and rupees 1000 bank notes from 9th November 2016!
    ("Rs. 500 and Rs. 1000 notes pulled out of circulation immediately" - PM Narendra Modi).
    So Why do countries demonetise their currencies? Effects of demonetisation? Find out the advantages and disadvantages of demonetisation in this short animated video.
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КОМЕНТАРІ • 32

  • @amit4rou
    @amit4rou 7 років тому +5

    i think demonetization is not the permanent solution but is a milestone while fighting against black money if the government has planned well to take advantage of taking this step and thus help maintain the economy clean...

  • @ImSquiggs
    @ImSquiggs 7 років тому +3

    Great video as always friend. I really like how much effort you put into the animations that go along with what you're saying.

  • @williamshennie9
    @williamshennie9 7 років тому +1

    Hey man. You always explain stuff so clearly, so I can understand it very well. Could you please make a video in the future about "how do hot springs work"? I know the rocks in the earth's crust heat up the water, but that is all. Thank you.

  • @filmnewsreport3231
    @filmnewsreport3231 7 років тому +12

    Using money as tissue papers is a bad idea. Do you know how rough they are on the nose?!?!

  • @vinantirekhan2872
    @vinantirekhan2872 3 роки тому +1

    which softwares or apps do you use to make such animated videos? please tell...

  • @slimdilly_
    @slimdilly_ 7 років тому +1

    What software or tools do you use to make your videos, i just subscribeded

  • @nitheeshputhur5368
    @nitheeshputhur5368 6 років тому

    Superb explanation

  • @rohitgrover8221
    @rohitgrover8221 7 років тому +1

    which software did you use to make this animated video??

  • @ktjeremy5944
    @ktjeremy5944 4 роки тому

    Actually it's 8 of November 2016 when the govt announced for demonetization .

  • @nehalmir6151
    @nehalmir6151 3 роки тому

    slam sir plz make a animated video on the woking of injek printer as soon as possible plz plz plz plz

  • @aajam5311
    @aajam5311 5 років тому

    does making a new currency design count as demometise the old design?

  • @luke666808g
    @luke666808g 7 років тому

    Don't mind me I'm just admiring my newly minted AUD $5 note, looks much prettier than the old ones.

  • @laxminaaharavaar5010
    @laxminaaharavaar5010 5 років тому

    Very nice video

  • @saijayanthreddyyanamala4540
    @saijayanthreddyyanamala4540 7 років тому

    Well explained guys. But standing in the queues seems naive disadvantage to me.
    Just considering the fact the people forming serpentine queues to buy movie tickets and even for Jio Sims in India, Can't the wait wait to get their money exchanged? (which is good for himself and the country)

  • @karanmadan1048
    @karanmadan1048 2 роки тому

    Went to ATM so can buy medicine with cash,got old currency.Later the currency alter with the silver line colour change to green blue. 😒

  • @thealover
    @thealover 7 років тому

    Tell my why you are not uploading new videos D:?

  • @shubham_sb
    @shubham_sb 7 років тому +1

    awesome video as always...

  • @sushantthecoolboy
    @sushantthecoolboy 7 років тому

    this was a very good video i am indian please make video on water shortage.

  • @mindblitz6496
    @mindblitz6496 6 років тому +1

    Love your animation but can't understand your accent. I assume it's a hybrid accent. I can never use CC either. Love the animation though

    • @rajk.9098
      @rajk.9098 5 років тому

      It's Indian accent

  • @SkyTowardsMe
    @SkyTowardsMe 5 років тому

    I'm from India

  • @sterilejurisdiction2178
    @sterilejurisdiction2178 7 років тому

    Very informative!

  • @rushabdwivedi4390
    @rushabdwivedi4390 7 років тому

    you showed that Pakistan has demonetised its currency that too in 2016,but it is false there is no sign of such thing media or wikipedia.....pls correct it if possible

    • @arjunbatra2072
      @arjunbatra2072 7 років тому

      no they are demonetizing too from 1st of december, get your facts right

  • @enkiimuto1041
    @enkiimuto1041 7 років тому

    I miss you, man =/

  • @EctoplasamSkin
    @EctoplasamSkin 7 років тому

    where did you go

  • @StepBackHistory
    @StepBackHistory 7 років тому

    There are a lot of Indians here in Canada worried about this because they wont let them change their money by mail and so any cash they have they cant replace.

  • @sushantthecoolboy
    @sushantthecoolboy 7 років тому

    hey can you please make a video about water shortage and it is ascertained that third world war would be for water.

  • @saugatpoudel4088
    @saugatpoudel4088 6 років тому

    due to your mixed accent ( indian and probably British) i cannot understand anything.
    edit: nice video tho.

  • @zainabkazi1079
    @zainabkazi1079 7 років тому

    noooo Demonetisation doesn't.... .....👎👎👎🙅😡💸

  • @michakrol2649
    @michakrol2649 5 років тому

    Please, english instead of hinglish.

  • @viktorkc1154
    @viktorkc1154 7 років тому

    When ur channel get big, pls pay people to speak in your videos instead of you, not many ppl like your voice or accent, sorry bro but that's the truth and I am being honest with you so you can get more views