As of 2022, what was the highest-denomination currency note printed by the Reserve Bank of India?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. ₹10,000
- The highest denomination note ever printed by the Reserve Bank of India was the ₹10000 note in 1938 which was demonetized in January 1946.
- The ₹10000 was again introduced in 1954. These notes were demonetized in 1978.
- However, 10,000 notes along with 1,000 notes and 5,000 notes were demonised by the then PM Morarji Desai in 1978.
- The Indian 2000-rupee banknote is the Indian rupee denomination.
- It was issued by the Reserve Bank of India (RBI) on 8 November 2016 after the demonetization of 500 and 1000 notes and has been in circulation since 10 November 2016.
- It is part of the Mahatma Gandhi New Banknote Series with a completely new design.