ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Approximately 5% of all notes printed today are $50 bills. They are delivered by Federal Reserve Banks in brown straps. A $50 bill is sometimes called a “Grant” based on the use of Ulysses S. Grant’s portrait on the bill.

Detailed explanation-2: -As a result, the average lifespan of a $100 bill is 15 years while a $5 bill lasts just 4.9 years. Dollar bills last just under 6 years on average while the $20 bill has a relatively healthy lifespan at 7.7 years.

Detailed explanation-3: -Yes, U.S. 50 dollar bills are a current denomination of currency, and are printed as needed. They are available at most U.S banks. The other current denominations are the 1, 2, 5, 10, 20, and 100 dollar bills.