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    Question

    SC in a 4:1 majority verdict upholds decision to

    demonetize the Rs ____ and Rs ____ denomination notes.
    A 1000 & 2000 Correct Answer Incorrect Answer
    B 1000 & 500 Correct Answer Incorrect Answer
    C 500 & 200 Correct Answer Incorrect Answer
    D 1000 & 200 Correct Answer Incorrect Answer
    E 1000 & 200 Correct Answer Incorrect Answer

    Solution

    January 2, 2023: SC in a 4:1 majority verdict upholds decision to demonetise the Rs 1,000 and Rs 500 denomination notes. Says decision making process was not flawed, has to be great restraint in matters of economic policy and court cannot supplant wisdom of the executive by a judicial review of its decision.

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