....According to the Reserve Bank of India (RBI), in the last six years, approximately Rs.76 crores of fake notes were seized. The RBI speaks only about the seized money. However, a report from a Parliamentary Committee states that fake notes worth Rs. 1, 69, 000 crores are distributed in the market. But in reality, nobody knows the total number of fake notes which are floating around in the market and being passed off as genuine......
Monday, September 10, 2012
Who are the culprits? The Fake Currency Notes Scandal
....According to the Reserve Bank of India (RBI), in the last six years, approximately Rs.76 crores of fake notes were seized. The RBI speaks only about the seized money. However, a report from a Parliamentary Committee states that fake notes worth Rs. 1, 69, 000 crores are distributed in the market. But in reality, nobody knows the total number of fake notes which are floating around in the market and being passed off as genuine......
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