Demonetization:Demonetization is an intervention into the economy that refers to the process of stripping the legal tender status of a currency. It occurs when there is a change in the national currency where the current form of money is retired and replaced by a new form of money. It is a tool used to stabilize the currency and fight inflation and to push informal economic activity into more transparency and far away from the black and grey market. Therefore, Demonetization refers to the process of removing or stripping the legal status of a currency. Digitization:Digitization is a process of collecting information and converting it into a digital format that can result in an object, image, document, sound, etc. It is used to enable automation, increase data quality, and collection and structure of data so that advanced technology can be applied. In short, it is a process of converting analog data into a digital format. Financial inclusion:Financial inclusion is a process that aims to provide financial goods and services to vulnerable groups of society. It refers to delivering banking services at an affordable cost to the vast sections of disadvantaged and low-income groups. Micro Finance:Micro Finance is a financial service provided to low-income or unemployed individuals or groups who would not have any other access to financial services. It allows small businessmen people to reasonable loans safely and in a manner that is ethical and acceptable. It encourages social and banking inclusion by enabling poor people to benefit from productive loans.