Question
What percentage of the Rs 2,000 banknotes, in
circulation as of May 19, 2023, has been returned to the banking system?Solution
This signifies that more than 97 per cent of the Rs 2,000 banknotes that were in circulation as of May 19, 2023, have been returned to the banking system. For the convenience of the public, the RBI has established 19 offices across the country where individuals can deposit and/or exchange the Rs 2,000 banknotes.
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