Professional Documents
Culture Documents
Youtube: Reserve Bank of India
Youtube: Reserve Bank of India
[i] Mr Baniya, PM Modi Notes Banned 500, 1000 Narendra Modi Speech. 8.nov.2016, YouTube, posted
November 8. 2016. https://www.youtube.com/watch?v=Hkt6uxjbzJg.
[ii] Harish Damodaran, Are banks equipped to replace Rs 2,300 crore pieces of Rs 500 and Rs 1,000
notes?, The Indian Express, November 9, 2016. http://indianexpress.com/article/opinion/web-edits/rs-500-rs-
1000-notes-are-banks-equipped-to-replace-1874-crore-pieces-of-notes-4364746/.
[iii] Black Money refers to undeclared, unaccounted and often illegally acquired money.
Frequently Asked Questions: Withdrawal of Legal Tender Character of the existing Bank Notes in the
denominations of 500/- and 1000/-, Reserve Bank of India, updated November 25,
2016. https://www.rbi.org.in/Scripts/FAQView.aspx?Id=119.
[iv] Harish Damodaran, Are banks equipped to replace Rs 2,300 crore pieces of Rs 500 and Rs 1,000
notes?, The Indian Express, November 9, 2016. http://indianexpress.com/article/opinion/web-edits/rs-500-rs-
1000-notes-are-banks-equipped-to-replace-1874-crore-pieces-of-notes-4364746/.
[v] National Consortium for the Study of Terrorism and Responses to Terrorism (START), Global
Terrorism Index 2016, Institute for Economics & Peace: p. 10. http://economicsandpeace.org/wp-
content/uploads/2016/11/Global-Terrorism-Index-2016.2.pdf.
[vi] Seema Mody and Ted Kemp, India abolished larger notes in fight against graft, black
money, CNBC, November 8, 2016. http://www.cnbc.com/2016/11/08/india-abolishes-larger-banknotes-in-fight-
against-graft-black-money.html
[vii] Asli Demirguc-Kunt, Leora Klapper et al, The Global Findex Database 2014: Measuring Financial
Inclusion around the World, World Bank,
2015. http://documents.worldbank.org/curated/en/187761468179367706/pdf/WPS7255.pdf#page=3.
[viii] Saloni Shukla, Delhi, Mumbai run out of cash as focus turns to rural areas, Economic
Times November 25,
2016. http://economictimes.indiatimes.com/industry/banking/finance/banking/demonetisation-bank-branches-in-
delhi-mumbai-run-out-of-cash-as-focus-turns-to-rural-areas/articleshow/55608981.cms.
[ix] The volatility in the gold market was further exacerbated by news of the American president-elect.
Madhura Karnik, One week of demonetization in India: the good, the bad and the ugly, Quartz,
November 14, 2016. http://qz.com/836378/t/492437
[x] Correspondent, Demonetization effect: Jan Dhan account deposits spike to Rs 21,000 crore, DNA
India, November 23, 2016. http://www.dnaindia.com/money/report-demonetization-effect-jan-dhan-account-
deposits-spike-to-rs-21000-crore-2276303