![]() Mont Blanc’s decision to manufacture these pens provoked massive controversy: to begin with, it violated the Emblems and Names (Prevention of Improper Use) Act of 1950, which restricts use of the name or pictorial representation of Mahatma Gandhi. Both kinds had an image of Mahatma Gandhi on the nib. There were two limited editions in fact, one in silver and the other in gold, a ‘Limited Edition 3000’ (i.e., 3,000 of it were manufactured) and a Limited Edition 241 (‘241’ for the 241 miles of the Salt March 241 pieces of it were made). Many would recall that not too long ago, a controversy erupted over Mont Blanc’s limited-edition “Gandhi pens” and a case was filed before the Kerala High Court. Some of the most expensive fountain pens in the world include Mont Blanc, Caran d’Ache, and Aurora. Limited-edition fountain pens are luxury items, much like jewellery. Centre for Security, Strategy and Technology.Motif of the iconic Red Fort is showcasedġ7. Language panel towards the center on the backside of the noteġ6. Swacch Bharat logo with slogan in the bottom left-hand side on backside of currencyġ5. On the reverse side, the year of printing of the note on leftġ4. Five angular bleed lines on both the left and right sides.ġ3. Distinct Ashoka pillar emblem on the rightġ2. Some features for visually Impaired: Intaglio or raised printing of Mahatma Gandhi portrait (4), Ashoka pillar emblem (11), circular identification mark with micro text 500 on the right. ![]() Denomination in numerals with Rupee Symbol '₹500' in colour changing ink (green to blue) on the bottom right side.ġ1. Portrait of Mahatma Gandhi emerges in watermark section.ĩ. Number panel with numerals growing from small to big (in ascending font) on the top left side and bottom right side of the note.ġ0. The colour of thread changes from green to blue when the note is tilted.ħ. Guarantee clause, Governor's signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi's portrait.Ĩ. Right next to the portrait of Mahatma Gandhi, colour shift windowed security thread with inscriptions 'भारत' and 'RBI' appear. Mico letters 'भारत' and 'India' appear in a tilted vertical strip on Mahatma Gandhi's portrait in the middle of banknote on the obverse sideĦ. It is placed in the middle of the banknote.ĥ. Orientation and relative position of Mahatma Gandhi changed. Denomination numeral '500' written vertically in DevanagriĤ. '500' numeral at the bottom left-hand of the obverse side of the note is see-throughĢ. Latent image with the denomination numeral '500' is visibleģ. Here's how to detect fake Rs 500 banknoteġ. The colour of the notes is stone grey and the predominant new theme is the Indian heritage site - Red Fort. The size of the new note is 66mm x 150mm. The new Rs 500 notes are different from the earlier series in colour, size, theme, location of security features and design elements. This number was significantly down from 2.97 lakh fake notes detected during 2019-20. The RBI report also said a total of 2.09 lakh fake banknotes of all denominations were detected during the year. ![]() Coins in circulation comprise 50 paise and Rs 1, Rs 2, Rs 5, Rs 10 and Rs 20 denominations.Ī total of 39,453 fake banknotes of Rs 500 denomination of Mahatma Gandhi (New) Series were discovered during the year and 1.11 lakh fake notes of Rs 100 were detected during the year. ![]() Presently, the Reserve Bank issues notes in denominations of Rs 2, Rs 5, Rs 10, Rs 20, Rs 50, Rs 100, Rs 200, Rs 500 and Rs 2,000. However, there was a decline in counterfeit notes detected in other denominations. But overall FICNs in circulation during the period decreased as compared to the previous year.ĭuring 2020-21, there was an increase of 31.3 per cent in counterfeit notes detected in the denomination of new Rs 500 notes as compared with the previous year, the RBI said. However, according to the Reserve Bank of India’s (RBI’s) annual report for 2020-21, counterfeit banknotes of Rs 500 denomination were found to be gaining currency.
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