Dr.Dhreendra Ojha and Dr. Sacchidanand, both from the Commerce Department of AKS University have been able to get their research papers published in an international journal named Scientific Progress and Research on the topic “Effect of Demonetization in India”. Informing about it, Dr. Ojha, Faculty Member from Commerce Department told that the international journal has given the space to their research papers in its January 17 edition. Informing further Dr. Ojha said that no part of our economy has been untouched with the impact of demonetization but its impact has been observed especially on banking sector, automobile sector and on real estate though the service sector is unaffected. “Demonetization will have the impact on our economy and will help in prevention of funding to terrorism, the net profit of banking sectors may slump down as the banks are required to pay the interest rate in fixed deposits” he added.