New Rs 200 note to come into circulation from September
23 August, 2017, 20:12 | Author: Leticia Walters
While reports suggest that the new Rs. 200 currency notes will be rolled out in September, no official confirmation has been published. Last week, the RBI announced to issue new Rs 50 currency notes with motif of Hampi with Chariot on reverse.
Introducing a new currency denomination and design is an exercise that any central bank does, keeping in consideration various factors like inflation, GDP growth, replacement of soiled banknotes, reserve stock requirements and the need for combating counterfeiting and above all the ease of transactions for the common man. The Rs 200 note is also believed to get the same feature. There are no notes between 100 to 500, the 200 note will definitely be catching good hike. Earlier, Minister of State for Finance Santosh Kumar Gangwar has told that the Rs 200 note, printing of which had begun would be in circulation soon. But, due to the huge shortage of cash experienced during demonetization, the government had to print this high value note to improve cash circulation in the market.
The introduction of new denomination and the cutting down on the production of the high-value currency note are as good indications of the much-predicted end of the Rs 2,000 note's life span, as can be.
It is also informed by the officials that the government is also bringing the one rupee note back which was abandoned after 1994, according to NDTV.
The Indian government has been highly successful in bringing the illegal trade of currency notes down.
The plan of originating ₹ 200 Notes is undertaken by the Reserve Bank of India, the first time in the history. Many attribute this scarcity to cash-hoarding, given that it is easier to hoard black money in Rs 2,000 notes as compared to other denominations.
The government is opening the flow of ₹ 200 Notes to achieve the deterioration of Rs 500 note occurred after the Central Government's decision of demonetisation, undergone from 8th November 2016.
The prince said Charles had been there for him and his brother, saying he tried to do his best to ensure they were "protected". The documentary, Diana, 7 Days will be broadcast in the United Kingdom on Sunday.
Connectivity features of the phone are 4G VoLTE, WiFi 802.11 ac (2.4 GHz & 5GHz), Bluetooth 4.1 and Global Positioning System . The M6 Note runs on the latest Android 7.1.2 Nougat out of the box and includes in-house OneMind AI technology.
Russian Federation is to vote in a presidential election in March next year, with incumbent Vladimir Putin expected to run. Addressing the court, Serebrennikov pleaded to be allowed to continue his work, claiming he is far from a flight risk.
However, a new rumor has surfaced claiming that the Mate 10 Pro will be the only model to sport the full-screen display design. Now as per a new report, Huawei might actually launch at least two variants named Huawei Mate 10 and Mate 10 Pro at the event.
Less than 24 hours post delivering a primetime speech outlining his Afghanistan strategy , Trump is all set to rock Phoenix . The administration has requested $1.6 billion for new and replacement border wall in fiscal year 2018.
With that swim, Singapore finished the night with three golds, bringing its total from two days of competition to six. Schooling clocked a time of 53.53s in the 100m butterfly to finish second overall out of 10 swimmers.
Out of 3 Wall Street analysts rating Knight Transportation, 0 give it "Buy", 0 "Sell" rating, while 3 recommend "Hold". Cowen & Co maintained Knight Transportation (NYSE:KNX) on Thursday, January 26 with "Market Perform" rating.
More than 8,300 people have been killed and 44,000 wounded since the Saudi-led coalition entered the Yemen war in 2015. The United States also regularly conducts drone strikes on Yemen which Washington says target Al-Qaeda.
However, having already thought long and hard, I told Gareth that I had now made a decision to retire for good from global football.
Calif. Jury Awards $417 Million In Baby Powder Lawsuit
The California jury seemed to react similarly to the evidence, said Diane Lifton, a defense lawyer not involved in the talc case. The verdict consists of $70 million in compensatory damages and $347 million in punitive damages, according to Reuters .
US Hyundai executive says pick-up will be built
Critics blame an undersized crossover SUV portfolio and an overreliance on sedans, a body style with shrinking sales prospects. There's no word yet on when to expect the Santa Cruz-like truck to join the revitalized Hyundai lineup on dealership lots.
Huawei Mate 10 Pro to come with bezel-less display
The vertically aligned rear dual camera setup will be comprised of two 34MP sensors and will be accompanied by a LED flashlight. The display will be a 5.8-inch 2K one with the aspect ratio higher than that of the Samsung Galaxy S8 and S8 Plus.
CT gets ready to view solar eclipse
The flight center also has a bright orange image of the Sun with only a small "bite" taken out of it. A total solar eclipse is the central moment of the eclipse when the moon completely covers the sun.