Central Government Specifies Introduction of Denomination of Bank New Notes of two Hundred-Rupees

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Central Government Specifies Introduction of Denomination of Bank New Notes of two Hundred-Rupees

Reserve Bank of India will soon issue a currency notes of 200 rupees. The central Government has issued notification of this. Let us tell you that the Reserve Bank put the notes of 500 and 2000 Rupees in Currency. Now the Reserve Bank is going to introduce a 200-rupee note for the convenience of people. Prior to this, RBI announced a new counter notification of Rs 50. According to sources, if the ATM does not get a notice of Rs. 200, the Reserve Bank of India has a code that any type of counterfeit currency can be reinstated. For the first time, the Reserve Bank of India is preparing to bring 200 notes. It may be announced in the first week of September. According to the experts, this step is being taken to prevent black money. According to sources, 50 crores rupees of 200 rupees will be sold in the market.

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According to a source, no notes are available between Rs 100 and Rs 500. Thus, the RBI believes that the notes of Rs 200 will be very useful and it can also ensure the availability of the notes.

Suneya Kranti Ghosh, the group's chief economist, State Bank of India, spoke to the leading media, saying that due to the large number of new notes, Aam Aadmi will have to face some difficulty. Let us tell you that after the note-maker, when a note of 2000 rupees came to notice, there were many issues with which fake claims were found. The purpose of the note of 200 rupees is to get rid of people who keep cash without paying taxes.

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Ghosh said that the benefits of 200 rupee note will be two. One will facilitate cash transaction and the second will increase the number of small notes in the total currency. Let us tell you that there was 1717 crore notes of 500 before the notary and 686 crore notes of 1000 rupees. According to the SBI Research, after the note-maker, large notes have fallen by 70 percent.