- See-through register with denominational numeral 500 is present on the extreme left side of the ₹500 note.
- Latent image with the denomination numeral 500 is visible.
- The new feature is the introduction of numeral value in the Devanagiri script.
How do you know if currency is wrong?
- See-through register with denominational numeral 500 is present on the extreme left side of the ₹500 note.
- Latent image with the denomination numeral 500 is visible.
- The new feature is the introduction of numeral value in the Devanagiri script.
Which note has square as an identification mark?
There is an identification mark on the left hand side of each note on the front side which is in raised print (intaglio) and has different shapes for different denominations for eg. square for Rs 50, rectangle for Rs 20 and none for Rs 10.
What is clean note policy of RBI?
Clean Note Policy: RBI
The objective of the Reserve Bank’s Clean Note Policy is to give the citizens good quality currency notes and coins while the soiled notes are withdrawn out of circulation .
What is the Colour of new 50 rupees note?
The new version of the note has a depiction of Hampi with Chariot on the reverse, depicting the country’s cultural heritage. The base colour of the note is Fluorescent blue . The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse.
What is the watermark seen in all notes?
The Mahatma Gandhi Series of banknotes contain the Mahatma Gandhi watermark with a light and shade effect and multi-directional lines in the watermark window.
What is the Colour of 1000 note?
The ₹1000 banknote of the Mahatma Gandhi Series was 177 × 73 mm Amber-red coloured , with the obverse side featuring a portrait of Mahatma Gandhi with a signature of the governor of Reserve Bank of India.
How frequently should the counterfeit notes held at the nodal branch be verified?
These Counterfeit Notes at branches should be subjected to verification on a half-yearly basis (on 31st March and 30th September) by the Officer-in-Charge of the bank office concerned. They should be preserved for a period of three years from the date of receipt from the police authorities.
What is non issuable note?
Banks categorise notes under ‘non-issuable’ category when the currency can’t be used in ATMs or be accepted , exchanged by the public. Banks tag dirty, soiled or teared notes as ‘non-issuable’ and send notes to RBI for taking it out of circulation.
Who introduced clean note policy?
To overcome this problem, the Reserve Bank of India took a number of initiatives to increase the supply of clean notes on the one hand and suck out the soiled and mutilated notes from the circulation on the other, known as ‘Clean Note Policy’.
Who is current RBI governor?
Shri Shaktikanta Das, IAS Retd., former Secretary, Department of Revenue and Department of Economic Affairs, Ministry of Finance, Government of India assumed charge as the 25th Governor of the Reserve Bank of India effective December 12, 2018.
How many languages are there in Indian currency?
Contemporary Currency notes have 15 languages on the panel which appear on the reverse of the note.
What is a 10 note?
The current polymer note, first issued in 2017, bears the image of Queen Elizabeth II on the obverse and the image of author Jane Austen on the reverse . The final cotton paper note featuring a portrait of naturalist Charles Darwin, first issued in 2000, was withdrawn from circulation on 1 March 2018.
What is the size of New 500 rupees note?
Design. The ₹500 banknote of the Mahatma Gandhi New Series is 66mm x 150mm Stone Grey coloured, with the obverse side featuring a portrait of Mahatma Gandhi as well as the Ashoka Pillar Emblem, with a signature of the governor of Reserve Bank of India.
What are the features of paper money?
- Security thread. The security thread is the shiny strip on the front of the banknote, which becomes a continuous solid line when held to the light. ...
- Watermark. ...
- Raised print. ...
- Visual aid feature. ...
- Security thread. ...
- Colour-changing ink.
What is a see through register?
See through Register: The small floral design printed both on the front (hollow) and back (filled up) of the note in the middle of the vertical band next to the Watermark has an accurate back to back registration. The design will appear as one floral design when seen against the light.
