The Rs 2000 note was a band-aid to cover up the foolish decision of demonetising Rs 500 and Rs 1000 notes which were popular and widely exchanged currencies. A few weeks after Demonetisation, the The ₹2,000 note was introduced in November 2016 to meet the currency requirement after Rs 500 and Rs 1,000 notes were demonetised. As the objective of the ₹2,000 notes was met and smaller denomination notes were available in adequate quantities , the printing of the Rs 2,000 note stopped in 2018-19, and now the RBI has decided to pull it Current banknotes. There are two series of euro banknotes. The first series comprises seven different denominations: €5, €10, €20, €50, €100, €200 and €500. The second, also known as the Europa series, consists of six denominations, as we decided to stop the issuance of €500 banknotes. Denominations, design and security features. The Reserve Bank of India said 93 per cent of Rs 2,000 notes worth Rs 3.32 lakh crore have been returned. The RBI has urged citizens to deposit remaning Rs 2,000 notes by September 30. (Photo: Reuters) The Reserve Bank of India (RBI) said on Friday that the total value of Rs 2,000 banknotes that had been returned stood at Rs 3.32 lakh crore as How many Rs 2000 notes can I exchange? RBI has set a limit for the exchange of the notes, the public can exchange Rs 2000 banknotes upto to a limit of Rs 20,000/- at a time and that could be done through business correspondents (BCs) up to a limit of Rs 4000/- per day for an account holder. 1. Why was the Scheme of Withdrawal of Legal Tender Character of the old Bank Notes in the denominations of ₹ 500 and ₹ 1000 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. a91evA0. The Reserve Bank of India (RBI) on Monday said Rs 2,000 banknotes continue to be legal tender and that 97.38% of the withdrawn notes have returned to the system. RBI said that as on December 29 An RTI reply has disclosed that no new Rs 2,000 denomination currency notes were printed during 2019-20, 2020-21 and 2021-22. The RTI application filed by IANS disclosed that the Bharatiya Reserve Bank Note Mudran (P) Ltd printed 3,542.991 million pieces of Rs 2,000 notes in the financial year 2016-17, which drastically came down to 111.507 From 1929-1957 (from Series of 1928 to Series 1953), the $2 bill on average was printed in quantities of 50 million notes per series with only several variances to this number. From 1957 onwards, $2 bill production figures steadily decreased from 18 million notes in Series 1953A to just 3.2 million notes in its final printing, Series 1963A The ₹2,000 note was introduced in November 2016 to meet the currency requirement after Rs 500 and Rs 1,000 notes were demonetised. As the objective of the ₹2,000 notes was met and smaller denomination notes were available in adequate quantities , the printing of the Rs 2,000 note stopped in 2018-19, and now the RBI has decided to pull it Solution. The correct option is D. 200. Number of ten - rupee notes required to make ₹ 2000. = ₹ 2000 ₹ 10 =200. ∴ We need 200 ten - rupee notes to make ₹ 2000. Suggest Corrections. 8. RBI said that the banks have received ₹ 2.72 lakhs of ₹ 2,000 notes from 19 May to 30 June which constitutes 76% of the total circulation and now ₹ 0.84 lakh worth of ₹ 2,000 notes are out

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