Impact of Clean Note policy of RBI
RBI (Reserve Bank of India) is going to implement Clean Note Policy by 1st January 2014, that means any Note will not acceptable if something written on the Note by pen or pencil or there is colour on the Note. This policy will be beneficial for sure in future, but implementation of this policy is going trouble a lot everyone in start.
Now go in to deep of implementation of this policy, first writing over the currency shows disrespect to your country currency, second, this policy will be beneficial in some extent, like life of a Note will increase, directly beneficial to decrease cost to manufacturing a new Note. Third, It will help to identify the fake Note, currently when we write on the watermark window of not destroy the watermark of Note. Fourth, Implementation of this policy will trouble a lot in start, but after that it will be beneficial.
Next thing is implementation of this policy is a challenge in itself because there are lots of Notes in the market, banks and lockers of individual which is not Clean as per RBI guidelines, how RBI manage all these Notes? Implementation of this policy must be like that so a common man must not be affected.
#RBI #CleanNotePolicy #Currency #Rupee #IndianCurrency
Now go in to deep of implementation of this policy, first writing over the currency shows disrespect to your country currency, second, this policy will be beneficial in some extent, like life of a Note will increase, directly beneficial to decrease cost to manufacturing a new Note. Third, It will help to identify the fake Note, currently when we write on the watermark window of not destroy the watermark of Note. Fourth, Implementation of this policy will trouble a lot in start, but after that it will be beneficial.
Next thing is implementation of this policy is a challenge in itself because there are lots of Notes in the market, banks and lockers of individual which is not Clean as per RBI guidelines, how RBI manage all these Notes? Implementation of this policy must be like that so a common man must not be affected.
#RBI #CleanNotePolicy #Currency #Rupee #IndianCurrency
The clean note policy of RBI will surely bring mark of honor for our country, especially when this note is our representation through out the world.
ReplyDeleteSurely it brings our nation more beneficial than before............
ReplyDeletehttp://www.tamilnetonline.com/scribbled-then-lose-it/