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On 28 October 2016, the total banknotes in circulation in India were valued at ₹17.77 trillion; what proportion of this derived from ₹500 and ₹1,000 banknotes was unknown. In its annual report of March 2016, the Reserve Bank of India (RBI) stated that total banknotes in circulation valued ₹16.42 trillion, of which nearly 86% (around ...
Obverse of the ₹ 2000 banknote between October 2016 – November 2023. It was released by the Reserve Bank of India (RBI) on 8 November 2016 after the demonetisation of ₹500 and ₹1000 banknotes and has been in circulation since 10 November 2016. [2] It is a part of the Mahatma Gandhi New Series of banknotes with a completely new design.
The body of the article does a somewhat decent job of covering this topic, but the lede is not close to being an adequate summary of the body. There is not one mention of criticis
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Text and/or other creative content from this version of was copied or moved into Indian 500 and 1000 rupee note demonetisation with this edit on 13:53, 16 November 2016. The former page's history now serves to provide attribution for that content in the latter page, and it must not be deleted as long as the latter page exists.
On 28 October 2016 the total banknotes in circulation in India was ₹ 17.77 trillion (US$200 billion). In terms of value, the annual report of Reserve Bank of India (RBI) of 31 March 2016 stated that total bank notes in circulation valued to ₹ 16.42 trillion (US$190 billion) of which nearly 86% (around ₹ 14.18 trillion (US$160 billion ...
Fake Indian Currency Note (FICN) is a term used by officials and media to refer to counterfeit currency notes circulated in the Indian economy. [1] In 2012, while responding to a question in parliament, the Finance Minister, P. Chidambaram, admitted that there is no confirmed estimate of fake currency in India. [ 2 ]
2016 Indian banknote demonetisation; B. ... Indian 1-rupee note; Indian 2-rupee note; Indian 5-rupee note; ... Statistics; Cookie statement;