demonetisation
/diːˌmʌnɪtaɪˈzeɪʃn/noun
उच्चारण डीमनिटाइज़ेशन
विमुद्रीकरण, नोटबंदी
Advanced word
noun
- 1
[U, C] finance
the act of officially stopping the use of a coin or note as legal money
विमुद्रीकरण, नोटबंदी
- Demonetisation led to long queues outside banks across the country.
- The demonetisation of old coins was announced last year.
◇Word family
demonetise verb
✓In the exam
General knowledge
On 8 November 2016, the Government of India announced the demonetisation of all 500 and 1,000 rupee notes.
8 नवंबर 2016 को भारत सरकार ने 500 और 1,000 रुपये के सभी नोटों के विमुद्रीकरण (नोटबंदी) की घोषणा की थी।