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Sunday, 20 August 2017

Rs 50 Note to be Launched Soon



The Reserve Bank of India will shortly issue Rs 50 denomination banknotes in the Mahatma Gandhi (New) Series signed by Governor of RBI Dr. Urjit Patel. The base colour of the note is fluorescent blue.

The new Rs 50 banknote has a motif of Hampi with a chariot, depicting the country’s cultural heritage, and the Swachh Bharat logo with slogan on the reverse. All the banknotes in the denomination of Rs 50 issued by the Reserve Bank in the earlier series will continue to be legal tender.

Important Takeaways From Above News-
  • RBI Headquarters in Mumbai.
  • The 24th Governor of RBI is Dr. Urjit Patel.
  • In November 2016, the RBI had introduced new banknotes of Rs 500 and Rs 2,000 denominations with base colours of stone grey and magenta, respectively.
Source- The Economic Times


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