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2019-11-20 16:53:04| The Economic Times

Hoarding unaccounted cash high in Rs 2000 notesIn a written reply to a question in the Rajya Sabha on Tuesday, FM Nirmala Sitharaman said that 43.22 per cent of unaccounted cash seized in current fiscal year so far is in the form of Rs 2,000 notes. The level of unaccounted cash has been higher at 60 per cent in previous fiscals FY18 and FY19, indicating a declining preference for the note, she added.

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