RBI will launch tomorrow for the first time in the currency market history of the nation 200 note

The Reserve Bank of India will launch a new note of 200 rupees on Friday. On Wednesday, the government announced notification to put the new note into currency. 200 rupees note will be launched for the first time in the history of Indian currency market. Within a few days, the RBI launched a new note of Rs 50.

• How many notes of 200 rupees were printed?

Soon, 200 rupees note will be made available in ATM and banks. RBI has prepared for the note that black marketing can not be done. Currently, 500 crores rupees of 200 rupees have been printed.

• Why is the RBI not paying 200 rupees?

No notes were available between Rs 100 and Rs 500. So RBI believes that 200 rupees note will prove to be of great use. This step is being done to prevent black money.

• 200 notes will be of two benefits

There will be two advantages in coming to the market of 200 rupees. The first cash transaction will have simplicity and the second will increase the number of small notes in the total currency. The RBI thinks that the 200 rupees note will be very useful.

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