In the developing economy like ours, the importance of Demonetization is to a great extent has been acknowledged by all specially when optimum utilization of resources is the crying need of the day. in the view of this, this topic is gaining importance and thus has been included in the curriculum of Telangana state.

This book has primarily been written in the simple language and in a lucid style with a view to explain to the society. numerous examples have been incorporated in this book to illustrate the basic principles of the subject. A good number of practical problems with examples are mentioned in this book by common people.

A companion volume i.e. DEMONETIZATION: INDIA’S CASHLESS ECONOMY has been published for the benefit of the students and the Indian economy.

I, Aurhor, thankful to the Chairman Sri V. Tarun Kumar, Hasvita Group of institution and my colleagues who gave full support and motivted me to write this book. This book will help the readers to know about the demonetization and its effects on Indian Economy.

I , Co-author thankful to the Chairman Sri. S. SUDERSHAN REDDY, Secretary Sri. S. SURENDER REDDY, Principal Dr. K. S. S. S. N. REDDY and our Head of the department Dr.K. Kiran Kumar garu Mahaveer Institute of Science & Technology, Hyderabad Telangana.who helped me to promote this book along with my respected author Dr.B Uday Kumar, for their instant help and to the society in bringing out this book as per the requirement of students and co-operative society.

We are thankful for the publishers and Dr. B. UDAY KUMAR, Principal& Professor, Jesus PG College, & co-author Mrs. K. RADHIKA Assistant Professor, Mahaveer Institute of Science & Technology Hyderabad, Telangana.