Current Affairs

GK MCQs Section

Topic: Banknote

‘Mani App’ for Visually Challenged launched by RBI

India’s central bank, Reserve Bank of India(RBI) has launched a mobile app named ‘MANI’ on Wednesday, 1st January 2019 that will help in identifying the denomination of currency...

January 2, 2020

Ellora Caves motif of greenish-yellow Rs 20 denomination banknotes

The Reserve Bank of India (RBI) has recently announced that it will shortly issue Rs 20 denomination banknotes in the Mahatma Gandhi (New) Series. The new denomination has...

April 27, 2019

IIT Kharagpur devises solution to detect fake notes at Smart India Hackathon 2019

The students from IIT Kharagpur have devised unique solutions ranging from detecting counterfeit currency to nuclear radiation tracking through wearable sensors at the recently concluded nationwide competition, Smart...

March 11, 2019

IIT Ropar launchs an app ‘Roshni’ to help blind identify notes

IIT Ropar has launched an android app ‘Roshni’ to help the blind in recognizing the denomination of the currency notes, using image processing and analytics. At present, notes...

January 25, 2019

Nepal Central Bank bans use of Indian Currency Notes

The Nepal Rastra Bank (NRB), the central bank of Nepal, has recently announced the ban of Indian currency notes with denominations above Rs.100. Under the new rule, Nepali...

January 21, 2019

New Rs 50 Banknotes to be introduced in Mahatma Gandhi Series

The Reserve Bank of India has announced that it will issue Rs 50 denomination banknotes in the Mahatma Gandhi Series-2005. The new notes will have inset letter ‘L’,...

December 20, 2016

First Canadian woman on banknote

Civil rights activist Viola Desmond made history by becoming the first Canadian woman to appear on the face of a banknote when new banknotes go into circulation in...

December 12, 2016

Venezuela orders 100-unit banknotes out of circulation

Venezuela’s President Nicolas Maduro has signed an emergency decree ordering the 100 bolivar bill, the country’s largest banknote, out of circulation in the next 72 hours. This move...

December 12, 2016

Central Government to launch plastic currency notes

Central Government will soon launch plastic currency notes in place of paper notes to deal with counterfeiting. The bank notes will be made of plastic or polymer substrate...

December 9, 2016

Government denies intentions to demonetise 100 and 50 rupee notes

The union government has categorically said that it has no intention to demonetise Rs 100 and Rs 50 notes to dispel rumours which are making rounds in various...

November 17, 2016

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