Question Details

Which of the following currency note was discarded by the Government of India in November 2016?

Options

A

₹100

B

₹500

C

₹200

D

₹2,000

Show Answer

Correct Answer :

Option B

₹500

Solution :

The correct answer is ₹500.


Explanation:

On November 8, 2016, the Government of India announced the demonetization of all ₹500 and ₹1,000 banknote series of the Mahatma Gandhi Series. The government declared these currency notes invalid from midnight of the same day and announced the issuance of new ₹500 and ₹2,000 banknotes in exchange for the demonetized currency.


Among the given options, the ₹500 note was one of the currency notes discarded/demonetized in November 2016.

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