Abstract
This research paper discusses the general effects of
demonetisation on the economy with the notion of its influence in
growth. In the research study, 3 important independent variables
are selected that have influences towards the performance of
demonetization in India. Indian economy took a momentous shift of
banning high denomination notes calculated as 87 percent of total
currency in November 2016. The independent variables are social
impact, political impact and economic impact. These selected
independent variables are the possible factors that might influence
the performance of demonetisation recently happened in India. In
this research study, 184 sets of questionnaires were prepared and
distributed to the targeted respondents who are affected through
this, and one more thing the target population is from the
southwest part of India called Andhra Pradesh. After the data were
collected, IBM SPSS was used to testing the data in order to
generate the final result. In the end, the final result shows that
there is significant effect on socially, politically and
economically towards the performance of demonetisation.