Currency News Update: After the demonetization news across the country, currency news is spreading rapidly. The old notes of 500 and 1000 rupees were closed by the Central Government, but now after the notes of 500 and 1000 rupees, another note has been closed.
Once again the government has taken a big decision. Let us tell you that after the notes of 500 and 1000 rupees, the government has decided to close which note- Demonetization took place in 2016 In the year 2016, demonetization was announced across the country, in which Rs 500 and Rs 1000 notes were demonetized.
However, after that the government again printed new notes of 500 rupees and released them in the market. At present, 500 rupee notes are running in the market. At the same time, 1000 rupee notes are still out of circulation.
Note closed in 9 years, let us tell you that the government has already put the notes out of circulation. Today we are talking about that note, which was first printed in 1938, but its journey did not last long and it was discontinued in just 9 years. After this, it was brought into practice again. When this note came in the market again, India was an independent country and the year was 1954. This time this note remained in circulation for a long time. When this note was closed again. This note was of 10000 rupees.
Which notes are currently in circulation in the country?
The notes currently in circulation in the country are of 10, 20, 50, 100, 200, 500 and 2000 rupees. According to section 24 of the RBI Act, 1934, RBI has the right to print notes of 2, 5, 10, 20, 50, 100, 200, 500 and 2000, 5000, 10000 rupees. The right to print such other denomination, not exceeding ten thousand rupees, is available.
