Friday, 21 July 2017



 How to detect a fake currency note? Explains RBI
Counterfeit money has taken a toll in India and many other nations globally. According to RBI, a total of 4,35,607 fake currencies were detected in 2010-11, mostly in form of Rs. 500 and Rs. 1000 denominations.
A livemint report of 2011 states that four in every thousand currency notes in India are fake.
India's National Investigation Agency / NIA estimates that over Rs.16,000 crore worth Fake Indian Currency is in circulation. Price of a fake Rs 100 Indian note in Pakistan varies between Rs 26 and 30. (source)
For this RBI recently launched a website "PaisaBoltaHai" which explains how you can detect fake currency notes. This is an excellent initiative which would help people to stay alert and detect a fake note before they take it from some one.
This website helps you to detect fake currency notes of Rs 10, Rs 20, Rs 50, Rs 100, Rs 500 & Rs 1000 denominations.
RBI has also launched a TVC in 11 different languages.
Educate your self and also spread the word.
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