ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Visual authentication features are still the best-known security features among the general public: the watermark and the security thread. Both have undergone technological development over the last few decades.

Detailed explanation-2: -New Zealand dollar is (usually) the real deal The Kiwi dollar (US$0.72/£0.50) is one of the world’s least counterfeited currencies. It only has one counterfeited note or coin per 1, 000, 000 in circulation.

Detailed explanation-3: -Check the Watermark It’s embedded in the note to the right of the portrait and can be seen from both sides of the bill. To check if the bill has an authentic watermark, simply hold it to the light. This is the only time it should be visible. If it’s visible without direct light, the bill is most likely counterfeit.

Detailed explanation-4: -Security Thread All genuine FRNs, except the $1 and $2, have a clear thread embedded vertically in the paper. The thread is inscribed with the denomination of the note and is visible only when held to light. Each denomination has a unique thread position and glows a different color when held to ultraviolet (UV) light.

Detailed explanation-5: -One estimate detailed that more than 75% of the nearly $600 billion in $100 bills circulates outside of the U.S. Due to its popularity, the American $100 bill is one of the most counterfeited currencies, but also one of the most difficult to fake.