Rs 500 and Rs 1000 notes banned: Your questions answered by the RBI
Why this scheme?
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 antinational 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.
10 hours ago
Please be prepared for misleading messages by some political parties. Don”t let them fool us. We citizens may face issues for a few days, but this is start of Bahot Ache Din! India had an infection, needed a surgery, will pain for some time but we will come out healed and stronger than before!
Please support Govt this time and teach corrupt people a lesson.
It”s our duty to stand with Govt this time!
Some paties like congress will speard rumor like.. one child died because father could not buy medicines etc.. blah..blah.. blah..
Harrish Raj – 2 hours ago
2k notes have Nano GPS Chip in it . So from now on, no one can store stash of money
Kumar Sambhav Pandey
Right this is a master stroke by Modi to curb black money, corruption, fake currency, crimes and terrorism.
Kudos to Modi. We are with him.
With Indian Army
I urge my fellow citizens not to panic.This is a path breaking reform, not regression. A Samudra Manthan of our times…