A) The old notes of Rs. 20 and Rs. 50 will no more remain legal tender after introduction of new notes
B) The new notes will have the signature of RBI Governor Raghu Ram Rajan
C) The year '2016' will be printed on the reverse of the banknotes.
D) The new Rs. 20 notes will have the inset letter 'R' in both the number panels.
Correct Answer: C
Solution :
The year '2016' will be printed on the reverse of the banknotes. The Reserve Bank of India made an announcement on December 4, 2016 that it will shortly issue new Rs. 50 and Rs. 20 notes bearing the signature of new Governor Urjit Patel, however, existing banknotes of both denominations will continue to be legal tender. The year '2016' will be printed on the reverse of the banknotes. The new Rs. 50 notes won?t have inset letters in the number panels and the new Rs 20 notes will have the inset letter ?L? in both the number panels
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