What is the picture depicted in the 500 rupee note?
Mahatma Gandhi Series
The ₹500 banknote of the Mahatma Gandhi Series is 167 × 73 mm Orange-yellow coloured, with the obverse side featuring a portrait of Mahatma Gandhi with a signature of the governor of the Reserve Bank of India. It has the Braille feature to assist the visually challenged in identifying the currency.
What are the pictures in Indian currency?
Below are the monuments which you can see on the latest banknotes issued by the Reserve Bank of India.
- Sun Temple. Image: Source.
- Ellora Caves. Image: Source.
- Hampi. Image: Source.
- Sanchi Stupa. Image: Source.
- Rani ki Vav. Image: Source.
- Red Fort. Image: Source.
When was Mahatma Gandhi’s picture printed on Indian currency?
The Rs. 500 note was introduced in October 1987 with the portrait of Mahatma Gandhi.
Why is the picture of Mahatma Gandhi printed on the Indian currency?
In 1969 a commemorative design series in honour of the birth centenary celebrations of Mahatma Gandhi was issued depicting a seated Gandhi with the Sevagram Ashram as the backdrop. Cost benefit considerations prompted the Bank to introduce Rs. 20 denomination notes in 1972 and Rs.
What is the value of old 500 rupees note?
The old 500 rupee notes have been categorized as ‘rare Indian currency’. You must have read ‘cash for gold’, but how about ‘cash for cash’? Well, turns out if you are in possession of the old Rs 500 note, you can fetch up to Rs 10,000 without having to do anything except a few clicks here and there.
Who is the signature on the Indian currency notes?
While all denominations of currency notes are signed by the RBI Governor, only as a matter of convention the one rupee note continued to be signed by the Finance Secretary.
How is money made in India?
Bank notes are printed at four currency presses, two of which are owned by the Government of India through its Corporation, Security Printing and Minting Corporation of India Ltd. The two presses of BRBNMPL are at Mysuru (Southern India) and Salboni (Eastern India). Coins are minted in four mints owned by SPMCIL.
Why is Gandhiji on our currency?
The Gandhi Series of banknotes are issued by the Reserve Bank of India (RBI) as the legal tender of Indian rupee. The series is so called because the obverse of the banknotes prominently display the portrait of Mahatma Gandhi.
Who invented Indian currency?
Sher Shah Suri
Etymology. The immediate precursor of the rupee is the rūpiya—the silver coin weighing 178 grains minted in northern India by first Sher Shah Suri during his brief rule between 1540 and 1545 and adopted and standardized later by the Mughal Empire.
What can I do with old 500 rupee notes?
The old currency notes of Rs 500 and Rs 1000 can now only be exchanged at the offices of the Central banks.
Can I sell my old 500 notes now?
To sell notes online, you have to go to the website oldindiancoins.com. Register as a seller and take a clear photo of your old Rs 500 note and upload it on the platform. You will be then contacted by the people who are interested in purchasing the notes after seeing your ad. Talk to them and sell the notes.
When was the 500 rupee note introduced in India?
The Indian 500-rupee banknote (₹500) is a denomination of the Indian rupee. In 1987, the ₹500 note was introduced, followed by the ₹1,000 note in 2000 while ₹1 and ₹2 notes were discontinued in 1995. The current ₹500 banknote, in circulation since 10 November 2016, is a part of the Mahatma Gandhi New Series.
What’s the difference between New 500 and 2000 rupees?
You can see a Red fort in the background and it will be now called as Mahatma Gandhi new series of bank notes. While the Rs 500 note will feature Red Fort, ‘Mangalyan’ will be seen on Rs 2000 note. On the bottom right denomination numerals with rupee symbol in colour changing ink from green to right
Which is the new note of Rs 500?
Mahatma Gandhi portrait, Ashoka Pillar emblem, bleed lines and identity mark in raised print New Rs 500 note has got a complete new look. You can see a Red fort in the background and it will be now called as Mahatma Gandhi new series of bank notes. While the Rs 500 note will feature Red Fort, ‘Mangalyan’ will be seen on Rs 2000 note.
Which is bigger Rs 500 or Rs 2, 000?
The figure on the note is written in Devnagri. Rs 500: On the reverse side of Rs 500 note is the image of the historical Red Fort building. Rs 2,000: The new Rs 2,000 note is pink in colour, is slightly bigger than Rs 500 note. Both the Rs 500 and Rs 2,000 note has Swachh Bharat logo on the note.