Banks across the country have started accepting Rs 2,000 notes for exchange from 23 May.

  • Banks across the country have started accepting Rs 2,000 notes in exchange from 23 May.
  • The Reserve Bank of India, in a circular issued on 22 May, has directed banks to maintain data on the amount of Rs 2,000 notes exchanged and deposited in accounts on a daily basis.
  • RBI said that the facility of exchanging Rs 2000 notes over the counter will be provided to the public in the usual manner.
  • Earlier, on May 19, the RBI had announced the withdrawal of Rs 2,000 notes from circulation.
  • The Rs 2,000 note was issued in 2016 after the central government announced demonetisation of old Rs 500 and Rs 1,000 notes.

Qns : When were the Rs 2,000 notes issued by the Reserve Bank of India?

(A) 2015
(B) 2016
(C) 2017
(D) 2018

Ans : (B) 2016

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