Will Rs 200 notes be DISCONTINUED? RBI's official notice explained
Big news mid-January. After the 2000 rupee note, will the 200 rupee note be discontinued? Reports suggest that all 200 rupee notes may be withdrawn from the market. What does the Reserve Bank of India say?
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Did you know Rs 500 and Rs 200 notes are the most circulated in the market. Almost everyone has a 200 rupee note in their pocket.
Is the Modi government going to discontinue this current note? Reserve Bank gave a sudden big update. A notification has been issued. What is being said in that notification? You will be surprised to know.
RBI says that after the demonetization of the 2000 rupee note, counterfeit 200 and 500 rupee notes are continuously increasing in the country. The Reserve Bank of India has cautioned the public to take extra precautions during transactions.
How do you know that the Rs 200 note in your pocket is not fake?
How to identify a real note: 200 written in Devanagari script on the left, Clear picture of Mahatma Gandhi in the middle, Micro letters 'RBI', 'Bharat', 'India', and '200', Ashoka Pillar symbol on the right.
To prevent the spread of counterfeit notes, the Reserve Bank of India has urged the public to be cautious. The Reserve Bank of India has advised to check the notes properly during transactions. If anyone receives a counterfeit note, they have been instructed to immediately inform the local administration or the concerned bank authorities.
