Question

    When did the Reserve Bank of India announce the

    withdrawal of Rs 2000 denomination banknotes from circulation?
    A May 19, 2022 Correct Answer Incorrect Answer
    B May 19, 2023 Correct Answer Incorrect Answer
    C April 1, 2023 Correct Answer Incorrect Answer
    D April 1, 2022 Correct Answer Incorrect Answer

    Solution

    The RBI had announced the withdrawal of ₹2,000 denomination banknotes from circulation on May 19, 2023. However, it continues to be a legal tender. The facility for deposit and/or exchange of the ₹2,000 banknotes was available at all bank branches in the country upto October 7, 2023.

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