200 Indian Currency: After the 2000 rupee note, will the 200 rupee note also be discontinued? According to reports, all 200 rupee notes can be withdrawn from the market. What does the Reserve Bank of India have to say about this? Know here
200 Rupee Notes: You must remember the day of demonetization. After this, you also saw how the RBI has gradually withdrawn 2000 notes from the market. Now reports are coming that the government can take a similar step for the 200 note as well. If you do not know, then let us tell you that 500 and 200 rupee notes are most in circulation in the market right now. You must have also noticed that almost everyone has a 200 rupee or 500 rupee note in their pocket.
So is the Modi government going to ban this note? The Reserve Bank has given a big update regarding this. A notification has also been issued by the RBI regarding this. What has been said in that notification? You will be surprised to know.
What does RBI say?
RBI says that after the ban on 2000 rupee notes, the circulation of fake 200 and 500 rupee notes is increasing continuously in the country. The Reserve Bank of India has warned people to be extra cautious during transactions.
Is there a fake 200 rupee note in your pocket?
How can you know if the 200 rupee note in your pocket is fake or not? To know this, you will need to identify it. On the left side of the 200 rupee note, 200 is written in Devanagari script. In the middle is a very clear picture of Mahatma Gandhi and ‘RBI’, ‘Bharat’, ‘India’ and ‘200’ are written in very small letters i.e. in micro font. On the right side is the symbol of Ashoka Pillar.
To stop the spread of fake notes, the Reserve Bank of India has appealed to people to be cautious. The Reserve Bank of India has advised to check the notes properly during transactions. RBI said that if anyone finds a fake note, then immediately take it to the local administration or the concerned bank officials.
