The present study is an attempt to know the awareness of the people about the problem of demonetization and their opinion regarding it. The study is based on primary data and it has been collected from 161 respondents of Haryana and Punjab. Respondents from different age group, occupation and education level are included in this study. The study has used mainly mean, frequency and cross-tabulation tools for data analysis. The study found that majority of respondents is aware about the issue of demonetization. The survey reveals that people have first time seen long queues in front of banks and faced several problems at the exchange of currency at banks. The study concluded that people have welcomed the decision of govt. to change the currency and supported the govt. efforts for cleaning the black money and controlling the corruption in India.