Rs 500, Rs 1,000 notes banned, 25 things to remember: Nobody explains it like RBI;

November 9, 2016

The Modi government on Tuesday announced that it’s banning the use of Rs 500 & Rs 1,000 notes, in its fight against the corruption, fake currency & black money. As soon as the the announcement was made, the Reserve Bank of India came out with a ready reckoner on the government’s move. Here’s how the central bank explained the whole scheme in most simple terms: 1) What is this scheme?…

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