Login

Write a short paragraph on Demanetization

The ₹500 and ₹1000 demonetization is a step taken by the Indian government in an attempt to curb the counterfeiting of banknotes allegedly used for funding terrorism as well as a crackdown on the black money of the country. The move is also aimed at curbing corruption and smuggling.  On 8 Th  November 2016 at 8:15 pm IST, Prime Minister Sh. Modi through an unscheduled televised address announced that ₹500 and ₹1000 banknotes of the current series won't remain legal tender from 9th November 2016 0:00 IST. He also announced that new banknotes of ₹500 and ₹2000 would be shortly issued.

  • 3
View Full Answer
the reduction or elimination of the magnetic movement in an object that is the reverse of magnetization.It is commonly encountered  as a procedure for eliminating the inadvertent magnetization of iron parts of a sensitive mechanical device that would otherwise result in a malfunction.A suitable intense in a magnetic field applied in a direction opposite to that of the existing magnetization will serve to reduce or destroy the magnetization.The adiabatic demagnetization is paramagnetic materials is a technique used to produce temperatures very near absolute zero.
  • 1
What are you looking for?