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8 Unknown Facts About Indian Currency

Monday, 05 October 2015, 23:05 IST
By SiliconIndia
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sdZero Rupee Notes Issued By NGO 5th Pillar:



Zero rupee notes were issued by the NGO 5th Pillar to fight corruption. Number of factors contributes to the success of the Zero Rupee Notes in fighting corruption in India. First, bribery is a crime in India punishable with suspension and jail time. Corrupt officials seldom encounter resistance by ordinary people, but they become scared when people have the courage to show their Zero Rupee Notes, effectively making a strong statement condemning bribery.



sdExchange Of A Torn Note:



If you have a torn note or 51 percent of that note is torn, then you can exchange it for a new one at a bank. However, more than 51 percent torn notes are not exchanged in any banks because the note must be torn exactly or equal to the criteria given by the banks.



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