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November 9, 2016 Comments Off on Features of new 500 and 2000 notes Views: 4026 News & Updates

Features of new 500 and 2000 notes

With the sudden demonetization of 500 and 1000 notes,the Government have taken a decision of profound impact.Amidst apprehension among the general public,it has been announced that the new 500 and 2000 notes will come out tomorrow. The Prime Minister also has said the same.

The new 500 rupee note is vastly different from the existing one.Colour,theme,size and design are different with the picture of the father of the nation remaining intact.The grey coloured note has the size 63 mm -150 mm.On the back side, there is the picture of Red fort.

The new 2000 rupee note is in magenta colour with dimension 66 mm-166 mm.The picture of Mangalyaan will be on the backside of this note.In the newly issued notes, the signature of Reserve bank governor Oorjith Patel will be there.The sudden decision of the government is being lauded in many corners as a brave step to eradicate black money.