Wednesday, October 16, 2013

Why Do We Have To Ban The Notes of Rs 500 and Rs 1000?


In 14 July, 1969, the American President Mr. Nickson has announced to stop the working use of $ 500/1000/5000/10000/100000 in America. And given the time of 15 days to submit the dollars of these amount to the local banks. For this, a major area got affected but this thing stopped the preservation of notes into the banks and the lockers for a very long time. After this, the America is now no. 1 since 1969.

In India, 80% people are only getting Rs. 20 for their daily expenditure and there is no need of the Rs 500 and Rs 1000 notes. This is only for the criminal type people which is stored in their lockers and this is producing the crime. The Indian Government should have to announce that Rs 500 and Rs 1000 will not be available as working in our country. This will the biggest decision for the country and for its countrymen.

Thanking You

Rishi Kansal


No comments:

Post a Comment

Apeejay Surrendra Park Hotels IPO: Should You Invest Today?

The Apeejay Surrendra Park Hotels (ASPH) IPO hits the market today, February 5th, 2024, offering a chance to invest in a well-established...