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Questions and Answers
Which denomination of the Indian rupee was demonetized in 1946 and subsequently re-introduced in 1954?
Which denomination of the Indian rupee was demonetized in 1946 and subsequently re-introduced in 1954?
- ₹10000
- ₹500
- ₹5000
- ₹1000 (correct)
When were the high-denomination banknotes of ₹1000, ₹5000, and ₹10000 demonetized to curb unaccounted cash money?
When were the high-denomination banknotes of ₹1000, ₹5000, and ₹10000 demonetized to curb unaccounted cash money?
- 1938
- 1954
- 1978 (correct)
- 2000
Which government reintroduced the ₹1000 banknote in November 2000?
Which government reintroduced the ₹1000 banknote in November 2000?
- Government of India
- Reserve Bank of India
- British Government
- Government of Atal Bihari Vajpayee (correct)
Who demonetized the ₹1000 banknote on 8 November 2016?
Who demonetized the ₹1000 banknote on 8 November 2016?
What were the claimed reasons for demonetizing the ₹1000 banknote in 2016?
What were the claimed reasons for demonetizing the ₹1000 banknote in 2016?
Flashcards
When was the ₹1000 note first demonetized?
When was the ₹1000 note first demonetized?
In 1946, the Indian Rupee's ₹1000 note was taken out of circulation, only to be brought back in 1954.
What high-denomination notes were demonetized in 1978?
What high-denomination notes were demonetized in 1978?
The Indian Government decided to remove ₹1000, ₹5000, and ₹10000 notes from circulation in 1978 to fight black money.
Who reintroduced the ₹1000 note in 2000?
Who reintroduced the ₹1000 note in 2000?
In November 2000, the government of Atal Bihari Vajpayee reintroduced the ₹1000 note.
Who demonetized the ₹1000 note in 2016?
Who demonetized the ₹1000 note in 2016?
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What were the reasons behind the 2016 demonetization?
What were the reasons behind the 2016 demonetization?
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