Is 100 notes banned in India?

How many notes are banned in India?

On 8 November 2016, the Government of India announced the demonetisation of all ₹500 and ₹1,000 banknotes of the Mahatma Gandhi Series. It also announced the issuance of new ₹500 and ₹2,000 banknotes in exchange for the demonetised banknotes.

Is 10 rs note banned?

Mahatma Gandhi Series

As of 2011, the new ₹ sign has been incorporated into banknote of ₹10. In January 2014 RBI announced that it would be withdrawing from circulation all banknotes printed prior to 2005 by 31 March 2014. The deadline was later extended to 1 January 2015.

Who introduced the rupee in India?

The history of the Indian rupee traces back to ancient India in circa 6th century BCE, ancient India was one of the earliest issuers of coins in the world, along with the Chinese wen and Lydian staters. Arthashastra, written by Chanakya, prime minister to the first Maurya emperor Chandragupta Maurya (c.

Who is the present governor of RBI?

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