Know your new currency

Idea behind the demonitisation of Rs 500, Rs 1000 denomination is to address corruption, Black money, Fake currency, Terrorism.

Published: 09th November 2016 04:23 AM  |   Last Updated: 09th November 2016 04:55 AM   |  A+A-

By Express News Service

Idea behind the demonitisation of Rs 500, Rs 1000 denomination is to address all the following issues: Corruption, Black money, Fake currency, Terrorism.

Did India do this before?

In January 1978, the Indian government had demonetised
Rs 1,000, Rs 5,000 and Rs 10,000 notes in a bid to counter black money

THE NEW Rs 500 Note

WHAT’S DIFFERENT:

  • Colour, size and theme, besides the location of security features and design elements
  • STONE GREY colour of the new notes
  • THE RED FORT is the predominant theme

FEATURES

  • See-through register with denominational numeral
  • Orientation and relative position of Mahatma Gandhi portrait changes
  • Denomination printed with colour-changing ink (green to blue) on bottom right

FOR THE VISUALLY IMPAIRED

Raised printing of Mahatma Gandhi portrait, Ashoka Pillar emblem

THE NEW Rs 2000 Note

The new denomination is part of the Mahatma Gandhi (New) Series

  • MANGALAYAN the denomination’s motif, depicting India’s first venture in interplanetary space
  • MAGENTA the base colour of the notes

FEATURES

  • See-through register with denominational numeral ‘2,000’, which can be seen when the note is held against light
  • Denominational numeral in colour-changing ink (green to blue) on bottom right
  • Ashoka pillar emblem on the right

FOR THE VISUALLY IMPAIRED

Rectangle with ‘Rs 2,000’ in raised print

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