Demonetisation shook India's trust in currency. RBI must ensure that doesn't happen again
For a currency aspiring to become an international reserve currency, this could be a serious setback.
Source: scroll.in
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Explained: Why The Rs 2,000 Notes Were Issued And Then Withdrawn
In November 2015 under Section 24(1) of the RBI Act of 1934, the Rs 2,000 banknote was introduced. The RBI Act allows the introduction of notes of any denomination, not exceeding Rs 10,000.
Source: oneindia.com