If this is the case, how can India progress?

According to a report released by the Reserve Bank of India, as on December 1, 2023, there are still 2,000 rupee notes worth Rs 9,760 crore with the public.

2000 rupee, Indian money

Has the Rs.2000 notes fully reached RBI?

The Rs 2,000 notes introduced in November 2016 have been withdrawn from circulation from September 30, 2022. But by then, 2,000 rupee notes worth Rs 3.62 lakh crore were in circulation among the public. The public was allowed to exchange or deposit these notes in banks from 23 October 2022 to 31 March 2023.

During this period, Rs 2,000 notes worth Rs 2.65 lakh crore were transferred or deposited in banks. So, there are still Rs 9,760 crore worth of Rs 2,000 notes with the public.

In this case, time has been given till 30th September last to exchange 2000 rupee notes in banks and then till 7th October.

The deadline was extended.

RBI has extended the deadline for withdrawing these notes till 31st March 2024, then from last October 8, permission has been given to credit the accounts either directly or through 'India Post' at 19 branches of RBI Small Bank across the country.

Those who do not exchange or deposit Rs 2,000 notes in banks by this date will be considered illegal, the RBI has announced.

Comments

Today gold price April 2025

Today gold rate status in tamilnadu, 22 carat gold is a type of gold alloy that is 91.67% pure gold. The remaining 8.33% is made up of other metals, such as copper, silver, or zinc. This makes 22 carat gold more durable than 24 carat gold, which is 99.99% pure gold. 22 carat gold is also more affordable than 24 carat gold. Today's Gold Silver price Updated on 05th April 2025 What is the rate of 1 gram gold in Tamil Nadu Today gold silver price 22/24 carat 22ct 1 gm ₹8,310/110⬇️ 24ct 10 gm ₹91,600/1400⏬ 1 gm silver103,00/R5⬇️ 1kg Bar silver ₹90,700 /5300 ⏬ Trading gold silver market live USDINR Rates by TradingView GOLD Quotes by TradingView SILVER Quotes by TradingView The purity of gold is measured in carats, with 24 c...

This gold price is not permanent.

This gold price is not permanent, but when people think of a problem in the country, they buy gold first. It is good to buy as much as needed, but buying too much is foolish. When there is a famine, the things they buy are food, clothing, and money. If we don't have money, it is difficult to sell gold for urgent needs. Gold price Gold market crash history Will there ever be a situation where gold , which has been rising very, very rapidly in a short period of time, will become a commodity? Studies on gold say that it may come. If we look at the price of gold over the past 50 years, rather than just 10 or 20 years, it seems that what you are saying has happened. That is, in September 1980, the price of 1 ounce of gold touched $666. 19 years later, in September 1999, the same 1 ounce of gold was sold for $255. A 62 percent decline. An ounce did not touch $666 again until 2007. That is, 27 years later. Next, in 2012, 1 ounce of gold touched $1,772. But, in just three ye...

What are the retirement expectations of Indian youth?

A majority of the Indian youth want to retire early and are expecting a large pension, a study has revealed. Retirement plan Retirement preferences of Indian youth In a survey conducted by Grant Thornton Bharat among various stakeholders across India to find out about retirement planning, more than 55 percent of the participants said that they expect a pension of more than Rs 1 lakh per month during retirement. However, it has also been revealed that the savings they have made are not enough to compensate for this. This study reveals that there is a huge gap between pension preferences and retirement planning. Most of the participants in the study said that they want to retire before the age of 45 to 55. However, they rely on traditional means such as provident fund, national pension scheme, and gratuity for retirement planning. More than 76 percent of the participants in the study said that they have not invested in annuity plans. The study emphasizes ...

22k jewelers

Search This Blog