Rs 500 Notes Scrapped
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President Pranab Mukherjee Welcomes Demonetisation Of Rs 1,000, Rs 500 Notes
President Pranab Mukherjee has welcomed Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes.
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Scrapping Large Currency Not New, India Once Even Had 5000, 10000 Rupee Notes
The sudden move to demonetise Rs 500 and Rs 1,000 currency notes is not new. Rs 1,000 and higher denomination notes were first demonetised in January 1946 and again in 1978.
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What To Do With 500 And 1,000 Rupee Notes
To stop the spread of counterfeit notes, the government has decided to scrap the 500 and 1,000 rupee notes, Prime Minister Narendra Modi said. Today, these notes will only be "worth the paper they are printed on," he said.
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President Pranab Mukherjee Welcomes Demonetisation Of Rs 1,000, Rs 500 Notes
President Pranab Mukherjee has welcomed Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes.
-
Scrapping Large Currency Not New, India Once Even Had 5000, 10000 Rupee Notes
The sudden move to demonetise Rs 500 and Rs 1,000 currency notes is not new. Rs 1,000 and higher denomination notes were first demonetised in January 1946 and again in 1978.
-
What To Do With 500 And 1,000 Rupee Notes
To stop the spread of counterfeit notes, the government has decided to scrap the 500 and 1,000 rupee notes, Prime Minister Narendra Modi said. Today, these notes will only be "worth the paper they are printed on," he said.
