Wednesday, April 24, 2024

New Rs 10 denomination currency banknote is in brown colour

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On Friday, Reserve Bank of India released the first look of Rs 10 note. The note will come to circulation soon. The Rs 10 note denomination currency banknote is in chocolate brown colour. This resembles India’s cultural heritage Konark Sun Temple as a motif on the reverse side.

Last year, when PM Narendra Modi ceased Rs 500 and Rs 1000 notes  made people worried about its downfall. But, now the New currency wouldn’t worry the public as their old Rs 10 notes are also valid. People need not to rush to banks to exchange as before in panic.
An official Statement by RBI that all the banknotes in the denomination of Rs 10 issued by the Reserve Bank in the earlier series will continue to be legal tender.
There were inconvenience raised in past where RBI had to rush to fill the void caused by the ban on old Rs 500 and Rs 1000 notes by printing new Rs 500 and Rs 2000 notes.
Very shortly, the Central Bank will issue Rs 10 denomination banknotes in the Mahatma Gandhi (new) series, bearing a signature of Urjit R Patel, Governor, RBI.
The central bank said in its statement that the base colour of the note is chocolate brown.
On the obverse (front) the note will bear a portrait of Mahatma Gandhi at the centre, the Ashoka Pillar emblem on the right, watermarks and number panel with numerals growing from small to big on the top left side and bottom right side.
On the back, it will have the year of printing on the left, a Swachh Bharat logo with a slogan, language panel, motif of Sun Temple and denominational numeral 10 in Hindi script Devnagari. The dimension of the banknote will be 63mm by 123 mm.
Just a few days later it announced new Rs 200 notes as well.
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