Is 50 Rupees Note banned?
Mahatma Gandhi New Series
On 18 August 2017, the Reserve Bank of India introduced a new ₹50 banknote in the Mahatma Gandhi (New) Series. However, ₹50 banknotes of the previous series will continue to be legal tender.
Are 500 rupee notes accepted?
Starting from midnight 8 November 2016 all ₹500 and ₹1000 banknotes of the Mahatma Gandhi Series ceased to be a form of legal tender after a televised address to India by Prime Minister Narendra Modi.
What is written on 20 rupees note?
The security features of the ₹20 banknote include: A windowed security thread that reads ‘भारत’ (Bharat in the Devanagari script) and ‘RBI’ alternately. Latent image of the value of the banknote on the vertical band next to the right hand side of Mahatma Gandhi’s portrait.
How many currency notes are there in India?
The rupee is subdivided into 100 paise (singular: paisa), though as of 2019, coins of denomination of 1 rupee is the lowest value in use. The issuance of the currency is controlled by the Reserve Bank of India.
|Freq. used||₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2000|
|Rarely used||₹1, ₹2, ₹5|
What is printed on 10 rs note?
Portrait of Mahatma Gandhi at the centre. Micro letters “RBI”, “भारत”, “INDIA” and “10” Windowed demetalised security thread with inscriptions “भारत” and “RBI” Ashoka Pillar emblem on the right.
Is 1000 rs note banned?
On 8 November 2016, Prime Minister Narendra Modi announced that “Starting from midnight 8th November 2016 all ₹1000 banknotes of the Mahatma Gandhi Series will not be accepted as a form of legal tender“, although new ₹500 and ₹2000 banknotes of the new Mahatma Gandhi New Series were unveiled.
How many languages are there in 2000 rupees note?
Like other Indian rupee banknotes, the ₹2000 banknote has its amount written in 17+1 languages (Braille language added on new currency notes for visually impaired).
Which of the following are legal tenders in India?
The Indian rupee is the de facto legal tender currency in India. The Indian rupee is also legal tender in Nepal and Bhutan, but the Nepalese rupee and Bhutanese ngultrum are not legal tender in India. Both the Nepalese rupee and Bhutanese ngultrum are pegged with the Indian rupee.