Answer:
Features of demonetisation are as follows: (any four) (i) It is a radical monetary step in which a currency unit's status as a legal tender is declared invalid. (ii) It usually occurs when their is a change in currency by the government. (iii) It is an attempt to make a cashless, corruption free and digital society. (iv) It is a strict measure by the government against tax evasion. (v) It helps in channelising more savings into the formal financial system.
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