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RBI issues new series of Rs 500 and Rs 2,000 currency notes

RBI issues new series of Rs 500 and Rs 2,000 currency notes
09 November 2016 Current Affairs: The Reserve Bank of India (RBI) has issued new series of notes for 500 rupees and 2,000 rupees denomination with improved features and newer sizes. These new series of notes was issued following Prime Minister Narendra Modi’s announcement that Rs 500 and Rs 1,000 currency notes now in use will no longer be legal tender.

Both the designs of 500 rupees and 2,000 rupees notes is very friendly towards the visually-impaired by having features which make it accessible for all sections.

2,000 rupees note : It will be for the first time 2,000 rupees note denomination has been issued. It will be called as the ‘Mahatma Gandhi (New) Series’. The base colour of the note is magenta. Size of the new note is 66mm*166mm. It has a motif of the Mangalayan, the low-cost mission of ISRO to Mars on the reverse side and Mahatma Gandhi on front side.

500 rupee note : It has different colour, size, theme, design and location of security features compared to the old notes. It has portrait and electrotype watermarks. It will be in a stone grey in colour. The motif Delhi’s Red Fort is on reverse side and Mahatma Gandhi on front side. Size of the new note is 63mm*150mm.

 


December 2016 Current affairs
7 DEC
NEWS
6 DEC
NEWS
5 DEC
NEWS
3 DEC
NEWS
2 DEC
NEWS
1 DEC
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November 2016 Current affairs
30 NOV
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29 NOV
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28 NOV
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26 NOV
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25 NOV
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24 NOV
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October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
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28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
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27 AUG
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26 AUG
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25 AUG
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