CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which notes are to be released by Reserve Bank of India recently?
A
200
B
500
C
2000
D
100
Explanation: 

Detailed explanation-1: -High denomination notes (Rs. 1, 000, 5, 000, and 10, 000) were reintroduced in 1954. High denomination notes were once again demonetised in 1978 for the same reasons as the 1946 demonetisation.

Detailed explanation-2: -The Reserve Bank of India (RBI) announced on Monday that from November 1, 2022, it will begin pilot launches of the Digital Rupee (eâ1) for specific use cases.

Detailed explanation-3: -30 September 2022 was the last day to use our paper £20 and £50 notes for retail purposes. However, there is no need to worry as withdrawn notes can always be exchanged at the Bank of England for new notes at any time after this date.

Detailed explanation-4: -The first banknotes issued in the New Series were the denominations of ₹500 and ₹2000, and are in circulation since 10 November 2016. While the ₹500 note is still being printed, the ₹2, 000 note was last issued dated 2017.

There is 1 question to complete.