BANKING GENERAL KNOWLEDGE
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Question
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The Reserve Bank of India began production of notes in 1938, issuing Rs. 2, 51, 01, 000 notes. Rs. 500 note was re-introduced again in
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1987
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2000
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2003
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2006
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Explanation:
Detailed explanation-1: -Rupees Five-First Note issued by Reserve Bank of India This was followed by Rs 10 in February, Rs 100 in March and Rs 1, 000 and Rs 10, 000 in June 1938.
Detailed explanation-2: -The Rs. 500 note was introduced in October 1987 with the portrait of Mahatma Gandhi.
Detailed explanation-3: -What was the highest denomination note ever printed? The highest denomination note ever printed by the Reserve Bank of India was the ₹10000 note in 1938 which was demonetized in January 1946. The ₹10000 was again introduced in 1954.
Detailed explanation-4: -The Reserve Bank has introduced banknotes in the Mahatma Gandhi Series since 1996 and has so far issued notes in the denominations of Rs. 5, Rs. 10, Rs. 20, Rs.
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