To identify currency note before 2005.

This is most probably a good step. They might want to whither out black money hidden everywhere in India. Hopefully this will bring our some positive result.

It is the simple thing to know if the notes are pre-2005 period, such notes have no print year printed on them. All notes printed after 2005 have the year printed on them.

This is most probably a good step. They might want to whither out black money hidden everywhere in India. Hopefully this will bring our some positive result.

Yes, exactly what government looking for. They want to take out all black money. This step must be fruitful.

I have heard the news too.. Good step. This will certainly help to decrease those old duplicate currency.

The main objective of RBI according to the link article is to streamlining the number of currency variants than anything else. Besides this the government in order to check the inflow of fake currency notes intends to use all notes printed after 2015. These notes are expected to be foolproof in all respects.

Reserve bank of India withdraws all currency note before 2005. You have to identify currency note before 2005 and change it.

http://in.finance.yahoo.com/news/identify-pre-2005-currency-notes-125020187.html

Yes this is a good step. This will ensure that old currency notes that are in a bad condition are removed.

Reserve bank of India withdraws all currency note before 2005. You have to identify currency note before 2005 and change it.

http://in.finance.yahoo.com/news/identify-pre-2005-currency-notes-125020187.html

Yes this is a good step. This will ensure that old currency notes that are in a bad condition are removed.

It's an effective way to check the inflow of Fake currency mainly from Bangla Desh and Pakistan that is dangerously destabilizing Indian economy.

Friends I think many people would start buying other currencies to get ride of their black money. They cannot surrender their hidden treasure to the RBI to get the new currency notes. Hence buying other currencies will be the last option to escape out.

Friends I think many people would start buying other currencies to get ride of their black money. They cannot surrender their hidden treasure to the RBI to get the new currency notes. Hence buying other currencies will be the last option to escape out.

What other currencies can they buy???

Reserve bank of India withdraws all currency note before 2005. You have to identify currency note before 2005 and change it.

http://in.finance.yahoo.com/news/identify-pre-2005-currency-notes-125020187.html

From 1 April 2014, All the banks will be receiving the currencies which do not the year printed on back. I would to like to congratualate Dipu for posting this valuable and much needed thread.

Friends I think many people would start buying other currencies to get ride of their black money. They cannot surrender their hidden treasure to the RBI to get the new currency notes. Hence buying other currencies will be the last option to escape out.

What other currencies can they buy???

Actually I was joking. This is big threat to the people who loves to hoard black money.