Tag: printing currency

Reserve Bank of India Apart from issuing notes it plays an important role in these works of the country

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Reserve Bank of India Apart from issuing notes it plays an important role in these works of the country

Most people know about the Reserve Bank of India (RBI). But it is also true that regarding RBI, people have only the image of currency and bank in their mind. Most people think that the job of RBI is only to issue money. But today we will tell you in which works RBI plays an important role in the country. Issuance of notes in the country In India, the responsibility of printing and issuing currency rests with the central bank i.e. Reserve Bank of India (RBI). Apart from this, RBI…

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Indian Currency: Can a common man buy paper for making notes of Rs 100-200 and Rs 500, is any license required for this also?

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Indian Currency: Can a common man buy paper for making notes of Rs 100-200 and Rs 500, is any license required for this also?

All the countries in the world have their own currency. Every country has its own strict rules and regulations regarding these currencies. But many times you must have heard on social media and elsewhere that not everyone can print notes? The answer is no. Because printing currency notes of any country is legally wrong and is considered fraud. But today we will tell you who can buy the special paper from which notes are made. Indian Currency  Let us tell you that in India today Notes ranging from Rs 1…

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