New Delhi: Ahead of the festive season when people are busy shopping the Reserve Bank of India has issued strict guidelines stating the heavy inflow of fake currency in India.
One should be very careful exchanging currency especially the Rs. 500 and Rs. 1000 denomination. As the maximum number of fake notes are found in this currency. Therefore it is very important to thoroughly check the note before taking them.
Earlier, a factory producing Rs. 10 fake coins was busted by the police. After the arrests people stopped accepting Rs. 10 coins but soon the exchange was resumed after the intervention by RBI.
However, one should check every note before accepting it because festivals are the best time to introduce the fake currency in the market.