The Rs 500 note appears to be most preferred choice for counterfeiting. This is evident from the figures tabled in the Lok Sabha by the Finance Ministry. The Ministry informed the House that the cost of printing currency notes in the two Government presses varied. According to information provided by the Reserve Bank of India, 4.35 lakh fake currency notes were detected during 2010-11. Of this, there were 2.46 lakh pieces of notes with Rs 500 denomination, valued at Rs 12.30 crore...........
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