New Currency Notes Out? The Reserve Bank of India is accredited to release money notes inIndia The RBI not just restores the spaces produced by torn notes yet likewise concerns brand-new notes whenever needed. After the 2016 demonetisation, the old Rs 500 and Rs 1,000 money notes were eliminated. The RBI after that presented brand-new Rs 500 and Rs 2,000 money notes. Subsequently, brand-new Rs 200 notes were likewise presented in India.
RBI Issued Rs 350 Note?
In 2023, the RBI took out the Rs 2,000 note, making the Rs 500 banknote the biggest religion money note in the nation. With social networks extensively offered throughout the nation, individuals commonly share images that go viral. Now, some images have actually appeared of Rs 350 and Rs 5 money notes, asserting to be provided by the RBI.
However, these are not brand-new pictures and the very same resurfaced 3 years earlier too. These are all phony images and the RBI has actually not provided any type of brand-new religion banknotes in the nation. The existing religions are Rs 5, Rs 10, Rs 20, Rs 50, Rs 100, Rs 200 and Rs 500. While Rs 5 banknote exists, no freshly created notes of Rs 5 have actually been provided by the RBI. The RBI has actually quit publishing Rs 2 and Rs 5 banknotes yet those existing out there remain to be the lawful tender.
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What RBISaid
“Every banknote issued by Reserve Bank of India (Rs 2, Rs 5, Rs 10, Rs 20, Rs 50, Rs 100, Rs 200, Rs 500 and Rs 2000), unless withdrawn from circulation, shall be legal tender at any place in India in payment or on account for the amount expressed therein, and shall be guaranteed by the Central Government, subject to provisions of sub-section (2) Section 26 of RBI Act, 1934,” claimed the RBI. . .
Currency Trivia
Do you recognize what was the greatest religion note ever before published? You would certainly be shocked to recognize that the greatest religion note ever before published by the Reserve Bank of India was the Rs 10,000 note in 1938 which was demonetized in January 1946. The Rs 10,000 was once again presented in 1954. These notes were demonetized in 1978.
