NEW DELHI:  Prime Minister Narendra Modi , who had announced the demonetisation of Rs 500 and Rs 1000 notes on November 8 last year if the parliamentary panel finds RBI’s reply unsatisfactory .

The Public Accounts Committee (PAC) of Parliament can call Prime Minister Narendra Modi on the issue of demonetisation if it is not satisfied with the answers given by top finance ministry officials and the RBI GovernorUrjit Patel, to whom a detailed questionnaire has been sent, media reports  said

A PAC meeting on this issue has been called on January 20th, in which the RBI governor Urjit Patel, finance secretary Ashok Lavasa and economic affairs secretary Shaktikanta Das will be present.

“We have not yet received answers for the questions we have sent to them. They will reply few days before the January 20th meeting. Their replies will be discussed in detail,” PAC chairman and senior Congress leader KV Thomas said.