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Wednesday, September 24, 2025
TopicCounterfeit currency

Topic: counterfeit currency

Demonetisation failure? Rs 500 & Rs 2,000 notes together make up 50% of counterfeit notes detected

Ministry of Finance informed Parliament govt implemented demonetisation to reduce incidence of fake notes. But counterfeiting of high value currency has risen sharply, fresh data shows.

Fake banknotes seized in India doubled after demonetisation, Gujarat topped list: NCRB

National Crime Records Bureau’s report for 2017 says new Rs 2,000 note, released after demonetisation, accounted for more than half the seized currency.

Central Information Commission wants data on Rs 2,000 & Rs 500 notes printed disclosed

The RBI subsidiary that prints currency notes had earlier claimed that the information cannot be shared with people because of several reasons.

RBI data reveals demonetisation was the epitome of whimsical, illogical policymaking

The government wanted demonetisation to combat three problems. None of them seem to have been solved. 

On Camera

UPSC Civil Services Exam has been reduced to a memory test. That’s not how you select officers

India’s civil services were once called the ‘steel frame’. But steel is forged in fire, not moulded in a coaching class. While dilution has made the exam easier, it has also made it harder to find the game-changers we need.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

China navy achieves breakthrough with new fighter jet launch system. What are electromagnetic catapults

China’s most advanced aircraft carrier—Fujian—uses electromagnetic catapults, a core component of future aircraft carriers.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.