March 2017 Current Affairs
27 MAR
NEWS
25 MAR
NEWS
24 MAR
NEWS
23 MAR
NEWS
22 MAR
NEWS

February 2017 Current Affairs
28 FEB
NEWS
27 FEB
NEWS
25 FEB
NEWS
24 FEB
NEWS
23 FEB
NEWS
22 FEB
NEWS

January 2017 Current Affairs
31 JAN
NEWS
30 JAN
NEWS
28 JAN
NEWS
27 JAN
NEWS
25 JAN
NEWS
24 JAN
NEWS

December 2016 Current Affairs
31 DEC
NEWS
30 DEC
NEWS
29 DEC
NEWS
28 DEC
NEWS
27 DEC
NEWS
26 DEC
NEWS

November 2016 Current Affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS

RBI modifies conditions for depositing over Rs 5000 in old notes

RBI modifies conditions for depositing over Rs 5000 in old notes
22 December 2016 Current Affairs: The Reserve Bank of India has withdrawn the Rs 5000 limit it had imposed on deposit of money in old currency notes for those holding KYC accounts.

In a newly released report, the RBI has stated that KYC (Know Your Customer) complaint account holders will not be questioned while depositing more than Rs 5000 in old 500 and 1000 currency notes. The decision is said to have been taken after the Central body reviewed its previous call.

It was only two days back on 19 December that RBI had issued a statement announcing a limit on the deposit of old notes effective immediately.  According to its earlier statement, the deposit of old currency notes exceeding the amount of Rs 5000 will only be allowed once per account till 30 December and that too with a reasonable explanation on why the money had not been deposited up until now.

Apart from this, RBI announced that it would be issuing of a new batch of Rs 500 notes in Mahatma Gandhi series. These notes will have inset letter ‘R’ in both the number panels, bearing the signature of the current RBI Governor Urjit R Patel and the year of printing ‘2016’ printed on the reverse.

In a separate notification, the bank also announced its decision of issuing new Rs 50 denomination notes, similar to the ones issued earlier in Mahatma Gandhi Series-2005. The new banknotes will also have inset letter ‘R’ and ‘L’ in both the number panels. RBI also confirmed that old Rs 50 notes will continue to be legal tender.


March 2017 Current affairs
27 MAR
NEWS
25 MAR
NEWS
24 MAR
NEWS
23 MAR
NEWS
22 MAR
NEWS

February 2017 Current affairs
28 FEB
NEWS
27 FEB
NEWS
25 FEB
NEWS
24 FEB
NEWS
23 FEB
NEWS
22 FEB
NEWS




January 2017 Current affairs
31 JAN
NEWS
30 JAN
NEWS
28 JAN
NEWS
27 JAN
NEWS
25 JAN
NEWS
24 JAN
NEWS

December 2016 Current affairs
31 DEC
NEWS
30 DEC
NEWS
29 DEC
NEWS
28 DEC
NEWS
27 DEC
NEWS
26 DEC
NEWS

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS



FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2017 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.