RBI issues new batch of Rs 500 notes with inset letter A

The RBI also made it clear that the old notes, which were introduced after Prime Narendra Modi’s demonetisation drive in November 2016, will continue to remain the legal tender.

Created On: Jun 14, 2017 09:06 IST

RBI issues new batch of Rs 500 notes with inset letter AThe Reserve Bank of India (RBI) on 13 June 2017 announced that it has issued Rs 500 denomination notes with inset letter A.

The RBI also made it clear that the old notes, which were introduced after Prime Narendra Modi’s demonetisation drive in November 2016, will continue to remain the legal tender.

RBI has also stated that it has no plans to release new denomination currencies in the near future as it aims to promote cashless transactions in the country.

Key features of the new batch of the note

The new batch of banknotes will have inset letter "A" in both the number panels.

It will bear the signature of Urjit R Patel, Governor, Reserve Bank of India.

The year of printing will be '2017' on the reverse.

CA eBook

It will also have Swachh Bharat logo printed on the backside of the banknote.

In addition, some of the notes would carry an additional character in between the prefix and the number of the banknote.

Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

एग्जाम की तैयारी के लिए ऐप पर वीकली टेस्ट लें और दूसरों के साथ प्रतिस्पर्धा करें। डाउनलोड करें करेंट अफेयर्स ऐप

AndroidIOS

Related Stories

Comment (0)

Post Comment

0 + 9 =
Post
Disclaimer: Comments will be moderated by Jagranjosh editorial team. Comments that are abusive, personal, incendiary or irrelevant will not be published. Please use a genuine email ID and provide your name, to avoid rejection.

    Monthly Current Affairs PDF

    • Current Affairs PDF November 2021
    • Current Affairs PDF October 2021
    • Current Affairs PDF September 2021
    • Current Affairs PDF August 2021
    • Current Affairs PDF July 2021
    • Current Affairs PDF June 2021
    View all

    Monthly Current Affairs Quiz PDF

    • Current Affairs Quiz PDF November 2021
    • Current Affairs Quiz PDF October 2021
    • Current Affairs Quiz PDF September 2021
    • Current Affairs Quiz PDF August 2021
    • Current Affairs Quiz PDF July 2021
    • Current Affairs Quiz PDF June 2021
    View all