RBI issued new guidelines for 10, 20, 100 and 500 notes! Know what are the changes? – StudyToper

The Reserve Bank of India (RBI) has recently issued new guidelines for notes of Rs 10, 20, 100 and 500. These new guidelines are aimed at curbing the spread of fake notes and helping the general public identify genuine notes. RBI has added many new security features to these notes, making them difficult to counterfeit.

Under these new guidelines, RBI has made some changes in the design, color and security features of the notes. These changes will not only increase the security of the notes, but will also make identification of notes easier for visually impaired people. Let us know about these new guidelines in detail.

New RBI guidelines: What changes have been made in the notes?

RBI has made many important changes in the notes of Rs 10, 20, 100 and 500. The main objective of these changes is to increase the security of the notes and make them easily identifiable. Let’s take a look at these changes:

Star in number panel in some notes

Mark

change in 10 rupee note

The base color of the new Rs 10 note is chocolate brown. It has the picture of Mahatma Gandhi as well as the picture of Konark Sun Temple. The note also bears the signature of the RBI Governor. A new security thread has been added to it which has the ability to change color.

change in 20 rupee note

The new Rs 20 note is pink in colour. There is a picture of Ellora caves on this note. It also has a new security thread that changes color. Swachh Bharat logo is also printed on the note.

change in 100 rupee note

The new Rs 100 note is lavender coloured. There is a picture of the Queen’s Vav on it. It has a windowed security thread that changes from green to blue. The number ‘100’ is also printed on the note in Gujarati.

change in 500 rupee note

The new note of Rs 500 is gray in colour. There is a picture of the Red Fort on it. It also has a windowed security thread that changes color. The number ‘500’ is printed on the note in Devanagari.

1. How to identify new notes?
2. RBI has suggested some simple methods to help the general public identify the new notes:
3. Colour: Every denomination of note has a different colour.
4. Size: The size of notes varies according to the denomination.
5. Safety Thread: New safety thread has color changing feature.

Watermark: Portrait and electrotype watermark of Mahatma Gandhi.

Micro Lettering: Micro letters of RBI, Bharat, India and denominations.

star

1. What are series notes?
2. RBI has added a special star in some notes
3. symbol is used. These notes replace those notes which get spoiled during printing. star
4. Notes with the symbol are completely legal and there is no problem in accepting them.

Benefits of new notes

Better security: New security features will help in stopping the spread of fake notes.

Easy Identification: Due to the different color and design of notes of each denomination, it has become easy to identify them.

Convenience for the visually impaired: The new notes have special identification marks for the visually impaired.

1. Promotion of digital payments: With the new notes RBI is also encouraging digital payments.
2. What will happen to the old notes?
3. RBI has clarified that old notes will still remain in circulation. Gradually the old notes will be replaced with new notes. No special action is required by the general public to exchange old notes.
4. How to avoid fake notes?

RBI has given some tips to avoid fake notes:

Check the security features of the note.

• Check the watermark by looking at the note in the light.
• Check the presence of safety thread and its color changing feature.
• If in doubt, contact the bank or RBI.

RBI’s clean note policy

RBI has also launched a clean note policy. According to this:

Dirty and torn notes will be taken out of circulation.

People are requested not to write or staple on the notes.