RBI to introduce Rs 10 plastic notes in 5 cities

Government and the RBI have decided to launch one billion pieces of Rs 10 bank notes made of plastic on a field trial basis in 5 cities viz. Kochi, Mysore, Jaipur, Bhubhaneswar and Shimla.

  • Why this measure?
    Primary goal of introduction of polymer notes is to increase its life, it could also help in combating counterfeiting.

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Categories: India Current Affairs 2018

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