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Like the other Indian rupee banknotes, the ₹ 1000 banknote had its value written in 17 languages. On the obverse, the denomination was written in English and Hindi. On the reverse is a language panel which displayed the denomination of the note in 15 of the 22 official languages of India, displayed in alphabetical order
While the exchanging of notes was initially allowed only until 9th February, 1946, it was extended multiple times. [2]: 5 By the end of 1947, out of a total of Rs. 143.97 crore of high denomination banknotes, notes of the value of Rs. 134.90 crore were exchanged and notes worth Rs. 9.07 crore went out of circulation or were not exchanged.
The following features are included in the notes. [1] Security thread: The notes contain an embedded security thread that can be seen as a vertical straight line when held against a light source. The notes contains the words 'Bharat' in Devanagari and RBI. The ₹1000 denomination contains the number 1000 as well. Older notes, however, are not ...
According to a 2018 report from the Reserve Bank of India ₹15.3 lakh crore (15.3 trillion rupees on the short scale) of the ₹15.41 lakh crore in demonetised bank notes, or approximately 99.3%, were deposited in banks, leading analysts to state that the effort had failed to remove black money from the economy.
Download as PDF; Printable version; In other projects Wikimedia Commons; Wikidata item; Appearance. ... Indian 1000-rupee note; Indian 2000-rupee note; L. Lion ...
Government printing of such legal currency notes of highest denomination i.e.; ₹ 1,000 (US$12) and ₹ 500 (US$5.80) which remain in the market for only 2 years. After a 2-year period is expired there should be a one-year grace period during which these currency notes should be submitted and accepted only in bank accounts.
When the notes are tilted, the colour of the security threads changes from green to blue. Angular lines: A series of lines placed on both the left and right side of the front of the notes, these angular lines are utilized to help those with visual impairments in identifying the notes. Used on the ₹ 100, ₹ 200, ₹ 500 and ₹ 2000 notes.
The Gulf rupee, also known as the Persian Gulf rupee (XPGR), was introduced by the Government of India as a replacement for the Indian rupee for circulation exclusively outside the country with the Reserve Bank of India Amendment Act of 1 May 1959. This creation of a separate currency was an attempt to reduce the strain put on India's foreign ...