Showing posts with label Rupee Currency. Show all posts
Showing posts with label Rupee Currency. Show all posts

October 5, 2014

Identify Fake Currency Notes - Stock Market Pulse


identify fake curency

Identify fake currency notes by following these simple guidelines.


Fake currency notes have no exchange value. These means that if you go to the bank and deposit any fake currency notes, the bank officials would sign it and send it for the further verification. They would not be giving you any exchange money for it. Fake currency notes is a growing menace in the country. So it is very important to check for the genuineness of all the currency notes you receive-specially the larger denominations.

The Reserve Bank of India has the sole authority to issue bank notes in India. Reserve Bank of India, like other central banks the world over, changes the design of banknotes from time to time. The Reserve Bank has introduced banknotes in the Mahatma Gandhi Series since 1996. It has so far issued notes in the denominations of Rs.5, Rs.10, Rs.20, Rs.50, Rs.100, Rs.500 and Rs.1000 in this series. These notes contain distinct easily recognizable security features to facilitate the detection of genuine notes vis-à-vis forgeries.


Here are some of the security measures to identify fake currency notes guidelines:

identify-fake-currency-notes

See Through Register:

The floral designs printed on the front and reverse in the middle of the vertical band next to the watermark window has the denominational numeral ‘500’. Both the printed have an accurate back to back registration so that the numeral as one when seen against light.

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Watermark:

Hidden portrait of Mahatma Gandhi, the multi-directional lines and an electrotype mark showing the numeral ‘500’ appear in this section. It can be seen better when viewed against the light.

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Optically Variable Ink:

The colour of the numeral ‘500’ appears green when the bank note is held flat. But it would change to blue when tilted to an angle.

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Fluorescence:

The bank note series, Number Panel, Security Thread and few particles (scattered in a note) will glow when exposed to the ultraviolet light.

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Security Thread:

It will have “Bharat”, “RBI” inscriptions on it and the thread will change colour from green to blue when viewed from different angles. The thread is visible as a continuous line from behind when viewed against the light.

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Intaglio Printing:

The portrait of Mahatma Gandhi, the Reserve Bank seal and ‘Paanch Sau Rupiye’ are printed in intaglio (raised ink). This can be felt by touching it.

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Latent Image:

The vertical band on the extreme right of the bank note contains a latent (hidden) image of the numeral ‘500’. This can be seen when the note is held at the eye level.

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Micro Lettering:

The letters ‘RBI’ and ‘500’ can be viewed with the help of a magnifying glass in the zone between Mahatma Gandhi portrait and the vertical band.

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Year of Printing:

Year of printing appears on the reverse of the bank note.

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Identification Mark:

On Rs.1000 bank note diamond mark with intaglio print which can be felt by touch. This helps the visually impaired to identify the denomination.

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Identification Mark:

On Rs.500 bank note a circle with intaglio print which can be felt by touch. This helps the visually impaired to identify the denomination.

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Identification Mark:

On Rs.100 bank note a triangle with intaglio print which can be felt by touch. This helps the visually impaired to identify the denomination.

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Identification Mark:

On Rs.20 bank note a rectangle with intaglio print which can be felt by touch. This helps the visually impaired to identify the denomination.

Moreover you can watch a YouTube video on How to Identify Fake Indian Currency Notes by Nizam Khan


Courtesy:
Reserve Bank of India
Paisa Bolta Hai


Read also:
Atal Pension Yojana
Pradhan Mantri Jeevan Jyoti Bima Yojana
Pradhan Mantri Suraksha Bima Yojana
Sukanya Samriddhi Scheme

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