Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: India has plunged into a homemade crisis over the past 10 days after the government banned the country’s two biggest bank notes.

Source: CNNMoney.com – video report

Date: Nov 18, 2016

Link: http://money.cnn.com/2016/11/18/news/india/india-cash-ban-explainer/index.html?iid=hp-grid-dom

Questions for Discussions:

  • Summarize the reasons for calling in these Indian bank notes.
  • Why has this decision caused a slow down in spending for some businesses like taxis?

Leave a Reply

Your email address will not be published.