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    As of 2022, what was the highest-denomination currency note printed by the Reserve Bank of India?
    Question

    As of 2022, what was the highest-denomination currency note printed by the Reserve Bank of India?

    A.

    Rs. 2000

    B.

    Rs. 10,000

    C.

    Rs. 5,000

    D.

    Rs. 20,000

    Correct option is B


    The correct answer is (b) Rs. 10,000.
    · The highest denomination currency note ever printed by the Reserve Bank of India was the Rs. 10,000 note. The Rs. 10,000 note was first introduced in 1938 and later reintroduced in 1954. However, this denomination was demonetized in January 1946 and again in 1978.
    · As of 2022, the highest denomination in circulation was the Rs. 2000 note, but historically, the Rs. 10,000 note holds the record for the highest denomination ever printed by the RBI.
    Information Booster:
    · Current Denominations:
    · As of 2022, the highest denomination in circulation was the Rs. 2000 note.
    · The Rs. 2000 note was introduced in 2016 after the demonetization of Rs. 500 and Rs. 1000 notes.
    · Historical Context:
    · The Rs. 10,000 note was the highest denomination ever printed by the RBI.
    · The demonetization of high-value notes was part of measures to tackle illegal activities like hoarding and money laundering.

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