March 2023

UPI is a real-time payment system that allows bank-to-bank P2P and P2M transactions instantly.

Impact of Demonetization in India economyDemonetization is the removal of legal tender status from circulating cash.Nations frequently implement demonetization policies in expectation of economic benefits.On November 8, 2016, the Government of India enacted a demonetization policy.On November 8, 2016, Prime Minister Narendra Modi announced this strategy at 8 p.m. (often called “Mr. 8 PM”) while