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Showing posts from 2016

Trending Issue money matters

Issue of New 500 and 2000 Rs NOTES Highlights : **************   RBI to issue limited number of Rs 500 and Rs 2000 notes from Nov 10   ATM and Banks have been ordered to remain shut on Wednesday and Thursday. People need to return the present currency and exchange it with 100 Rs notes.          Main Story: PM Narendra Modi announced in an address to the nation that Rs. 500 and Rs 1000 denomination notes will not be valid from midnight, today (8 th November). New Delhi: Senior govt officials and chief of RBI revealed what the new Rs 500 and 2000 notes will look like and announcing the date of release to be Thursday, 10 November. Possible Reason: It is believed that issuing of new currency with new technology, sensors will definately reduce attempt to do corruption and black money marketting. Also, the old noted will be of no worth ie. will be considered merely as paper. Many authorities and public are appreciating Modi g...