Vol. 3, Issue 5, Part A (2017)

Abstract
Demonetization is the act of stripping a currency unit of its status as legal tender. It occurs whenever there is a change of national currency: The current form or forms of money is pulled from circulation and retired, often to be replaced with new notes or coins. Sometimes, a country completely replaces the old currency with new currency. There are multiple reasons why nations demonetize their local units of currency like, to combat inflation and corruption and crime to discourage a cash-dependent economy also to facilitate trade and commerce in our India. The aim of this research project was to know the opinion about the Petty Shop Holders those who are facing lots of money transaction issues due to demonetization