2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rs 500
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Rs 100
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Rs 50
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Rs 200
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Detailed explanation-1: -The Reserve Bank of India’s Banknote Survey of Consumers’ findings revealed that, among banknotes, Rs100 was the most preferred while Rs 2,000 was the least preferred denomination .
Detailed explanation-2: -People in India most prefer the Rs 100 denomination banknotes, while Rs 2,000 are least preferred, a Reserve Bank of India survey of a diverse sample of 11,000 respondents revealed. Among coins, Rs 5 is most preferred, whereas Re 1 is least preferred.
Detailed explanation-3: -The survey covered respondents from the age of 18 to 79 years with a gender representation of 60:40 for males and females,” the RBI annual report said. - The survey findings revealed that, among banknotes, Rs ‘100 was the most preferred while ‘Rs 2000 was the least preferred denomination.
Detailed explanation-4: -The value and volume of banknotes in circulation increased by 9.9% and 5%, respectively, at ₹31,05,721 crore and 13.05 lakh, respectively, the Reserve Bank of India’s annual report for 2021-22 shows.