CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which rupee note celebrated a century recently?
A
One rupee
B
Ten rupee
C
Twenty rupee
D
Twenty rupee Fifty rupee
Explanation: 

Detailed explanation-1: -Reserve Bank of India-Homepage. The new ₹100 denomination banknotes in the Mahatma Gandhi (New) Series bear signature of the Governor, Reserve Bank of India. The note has motif of ‘Rani ki Vav’ on the reverse, depicting the country’s cultural heritage. The base colour of the note is lavender.

Detailed explanation-2: -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-3: -The present ₹100 banknote in circulation is a part of the Mahatma Gandhi Series (which replaced the Lion Capital Series of banknotes in 1998). These notes are in circulation along with the Mahatma Gandhi New Series of banknotes which were introduced in July 2018.

Detailed explanation-4: -The ₹500 banknote of the Mahatma Gandhi New Series is 66mm x 150mm Stone Grey coloured, with the obverse side featuring a portrait of Mahatma Gandhi as well as the Ashoka Pillar Emblem, with a signature of the governor of Reserve Bank of India.

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