1.

RBI on December 4, 2016 announced to issue new Rs. 20 and Rs. 50 notes to ease the currency crunch due to demonetization decision. Which of the following statements is true?

A. The old notes of Rs. 20 and Rs. 50 will no more remain legal tender after introduction of new notes
B. The new notes will have the signature of RBI Governor Raghu Ram Rajan
C. The year '2016' will be printed on the reverse of the banknotes.
D. The new Rs. 20 notes will have the inset letter 'R' in both the number panels.
Answer» D. The new Rs. 20 notes will have the inset letter 'R' in both the number panels.


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