WebApr 10, 2024 · 1. Look for the watermark: All Indian currency notes have a watermark that can be seen when held up to the light. The watermark is a portrait of Mahatma Gandhi and can be seen on the left-hand side of the note. 2. Check the security thread: Indian currency notes have a security thread that runs vertically through the note. WebMay 28, 2024 · The number of fake ₹500 notes in circulation have increased by 31% over the last one year, according to the Reserve Bank of India ’s (RBI) latest report.
What are Counterfeit Notes? - Learning Perspectives
Web4 hours ago · To avoid being caught off guard, knowing how to identify fake notes is important. This video will help you spot the telltale signs of a fake currency note and provide tips on what to do if you receive one. ... Covid-19 surge in India: 11,109 new cases reported in 24 … Web2 days ago · If there is a guard, a person has to inform him also. In case a person has received a large sum of fake currency notes, then they should inform the police officials, the respective bank from where the money was withdrawn and the Reserve Bank of India. After finding a fake currency note, if you try to transact then you will be held under 489C of ... meethope.com
What You Must Do After Receiving A Fake Currency Note
WebNov 10, 2024 · By following the above steps, you can easily identify fake Indian Rupee notes and prevent them from entering into circulation and protect your money as unfortunately, if you receive a counterfeit note, you will most likely not get your money back. Banks and retailers will not accept fake notes, and you cannot exchange them for … WebFake Indian Currency Note (FICN) is a term used by officials and media to refer to counterfeit currency notes circulated in the Indian economy. In 2012, while responding … WebJan 27, 2024 · “We suspect they have circulated fake notes in other states of south India as well,” said a police officer. This is the second such seizure in and around Bengaluru. Also Read. ... The police seized 230 fake notes of Rs 2,000 denomination and a stack of 6,220 half printed currency notes. First published on: 27-01-2024 at 19:10 IST . meethod race wheels clearance