Question
When did the Reserve Bank of India announce the
withdrawal of Rs 2000 denomination banknotes from circulation?Solution
The RBI had announced the withdrawal of ₹2,000 denomination banknotes from circulation on May 19, 2023. However, it continues to be a legal tender. The facility for deposit and/or exchange of the ₹2,000 banknotes was available at all bank branches in the country upto October 7, 2023.
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