FREQUENTLY ASKED QUESTIONS About Demonetization on 2nd Dec

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FREQUENTLY ASKED QUESTIONS About Demonetization on 2nd Dec

FREQUENTLY ASKED QUESTIONS About Demonetization on 2nd Dec – Hello Friends Welcome To StudyDhaba.Com . Here We are Sharing Link About FAQ About Demonetization .

FREQUENTLY ASKED QUESTIONS About Demonetization on 2nd Dec

FREQUENTLY ASKED QUESTIONS About Demonetization on 2nd Dec

1. Why is this scheme introduced?

  • The incidence of fake Indian currency notes in higher denomination has increased.
  • For ordinary persons, the fake notes look similar to genuine notes, even though no security feature has been copied. The fake notes are used for anti national and illegal activities.
  • High denomination notes have been misused by terrorists and for hoarding black money.
  • India remains a cash based economy hence the circulation of Fake Indian Currency Notes continues to be a menace.
  • In order to contain the rising incidence of fake notes and black money, the scheme to withdraw has been introduced.

To Get Answer of all your Questions visit this Page – RBI Official Website┬á

By |December 2nd, 2016|Banking|

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2 Comments

  1. kvrao December 3, 2016 at 12:27 pm - Reply

    Why you are providing this materials without giving links

    • Ajitomghyan December 3, 2016 at 12:34 pm - Reply

      link given below in this post – rbi official website .

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