The truth about the new notes being extracted in India

The time of note closure can not be forgotten when the whole country was standing in line and just everyone was wondering how not just how the new note should be handled by the Government of India, at the place of old notes. In this post, we will tell you the truth behind the new notes and the rumors associated with them

Everyone is aware that the new notes of paper quality and the ink dissolving, the lightening of the note is no longer a hidden truth, but the RBI itself has accepted this fact. This note is 200 which has recently been launched in the market and the bank is being printed in large quantities continuously.




These two notes were first released, after the ban on the market and the lack of these notes was read, due to which the bank repeatedly banned the money from the public.

This 50 rupee note is real and has been dropped into the market and many of you will also have this note or even run it with the people.
This is a new note of Rs 10 which has been launched by the RBI.
Many people are sharing notes of this 350 rupees on social media, but the truth is that the RBI has not said anything such that it will never release such notes in the market.
This is a 1000 rupee note which is not available in the market yet but there is a possibility of coming in December of this year.

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The Central Government has not pulled back the notice of Rs. 2000

There are reports that the Reserve Bank of India has stopped printing the Rs 2,000 currency notes altogether and will not be bringing new notes in the current financial year.

What has further fuelled rumours of another round of demonetisation is the government launching Rs 200 note. With more Rs 200 and Rs 500 notes in circulation, the common people will not be impacted much by a ban on the Rs 2,000 note. The ban will be an effective step against black cash as demonetisation of Rs 2,000 currency note will hit hoarders more than the masses.

Rs 2,000 note had an important purpose when it was launched after demonetisation in November 2016. It was meant to ease the shortage of money supply. Now there is no such need.

If the government plans to increase supply of lower denomination notes such as Rs 500 and Rs 200 and restrict supply of Rs 2,000 note, it is quite possible that these steps would lead to demonetisation of Rs 2,000 note.

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Important news for people who deposit 500 and 2000 notes in the bank

New Delhi: If you have a new note of 500 and 2000 and nothing has been written on it then you have important news for you. Now, any bank will not be able to take notes of Rs 500 and Rs 2000, on which nothing will be written. However, the person can not change the notes, this note can only be credited to the creditor's personal account. RBI officials have given this information.

In the International Trade Fair, the Reserve Bank is keeping an eye on people coming to the fair under the economic literacy. Here, people with their new notes feature are being literate.

However, bank officials said that even before the central bank, it has removed illusions in relation to this. During the festivities, people are questioning their validity when we have written something on 500 and 2000 rupees notes. We want to make it clear that there is nothing written on the note or even in the case of color. The bank can not refuse to take it. He told them that if the customer can not change such a note with the bank, but such a note can be deposited in his personal account.

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WHAT WILL STOP THE NOTE OF 2000 RUPEES? THE FINANCE MINISTER GAVE THE ANSWER

NEW DELHI: News has been published in the Soviet Media and some media reports about the closure of 2000 rupees notes. On that issue, Union Finance Minister Arun Jaitley had to clarify on Friday. The finance minister said in his reply that, rumors are spread that the government is going to close the note of 2000 rupees, he said that these things are rumors and false. Arun Jaitley said, do not trust this kind of rumors until there is no official announcement from the government. Based on the annual report presented in the Lok Sabha on the basis of the annual report from the RBI, SBI Ecofel has said in its report that the central bank had published a large amount of 15,78,700 crore rupees till December 8, 2017. Out of which, worth Rs 2,46,300 crore worth of notes are not yet marketable On this basis, Chief Economic Advisor of SBI Group, Soumya Kanti, in his report, has given the possibility of the fact that the printing of 2,000 new notes from the RBI can be stopped. It has also been said in the report that it is likely that the RBI will supply 50 and 200 rupee notes instead of disclosing Rs 2,000 in rupees worth of rupees worth 2,463 billion rupees.

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BE ALERT RS.2000 NOTE RELATED BAD NEWS

Notebandi can also live used through promote the “Cashless Economy“. As PM Modi aptly said, we might not live a completely cashless society soon but at least we can be “Less Cash Economy“. Though we Indians love toward handle the cash, such event was necessary through change the mindset of people who loves cash. Under cashless economy, people conveniently pay for goods and services in a digital way than the cash from a small tea vendor toward local grocery shops almost everyone learned the use of digital payment and that’s a big achievement which is helping India becoming a digitized nation.

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This not only collected a big sum of money but acting as a brutal deterrent toward the corrupts. Their future financial activities can now easily get detected. This brought a lot of black money and their owners under Income tax departments radar.Those who had stashed the black money had no way toward get it out left with no choice but into deposit this money into the government with hefty fines and their PAN number too.



It is obvious that fake currency of newer notes will live again in the market but the government tried into make it difficult for them through counterfeit it by adding more security features in currency notes. But still, this is not the ultimate solution. Demonization is not the final and ultimate solution for counterfeit currency but it removed existing fake notes from India for time being. This definitely helped the Indian economy. As all these old notes needed to deposit toward government those who had fake, counterfeit notes had no option but through burn their money.There was a very big amount of 500 and 100 rupees fake currency was in the Indian market, some of which was smuggled from neighboring terrorist supporting countries and some of it existed within India.



It will draw more foreign investment in the country which will help Indian government to become a business-friendly country. Other countries who want through invest in India think that Indian government trying into solve Indian red tape and corruption.On another side, we can see a positive reaction from all over the world.

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