why RBI closed 2000 note || complete information about of ₹2000 note||

Today's biggest news why 2000 rupee note was closed-

Today, the biggest news on social media is the closure of 2000 notes, because the closure of 2000 notes has been announced.  RBI has announced that these notes will remain valid and can be deposited in banks till 30 September 2023.  If you also have 2000 notes kept at home, then you also get alerted and by depositing 2000 notes in your bank, you can secure your deposit capital, so today Indian's India's biggest currency 2000 note should be big farewell.  Let us know in detail why this decision has been taken.

Taking an important decision on Friday, the Reserve Bank of India (RBI) has decided to withdraw 2000 rupee notes.  Do you know why the government has finally taken this decision six and a half years after demonetisation in 2016?

2000 Rupees:- Why RBI closed two thousand note after almost six years of demonetisation, what is the reason for this decision

 The Reserve Bank of India (RBI) on Friday announced the withdrawal of Rs 2,000 notes from circulation. 

 However, this does not mean that the validity of the Rs 2000 note will end.  For the time being, 2000 rupee notes will continue to run.  This move of the Reserve Bank has once again brought back memories of demonetisation.

 This time people do not need to worry in any way, because for the time being, 2000 rupee notes will continue to run in the market.  RBI also told that these notes can be withdrawn in banks till 30 September.  In this article, we are going to tell you why the government has finally taken this decision after six and a half years of demonetisation in 2016.

 The purpose of issuing 2000 notes and why are you doing it -

 RBI had issued 2000 note in November 2016.  These notes were issued under section 24(1) of the RBI Act 1934.  The government has taken this decision so that the currency of 500 and 1000 rupees present in the market at that time was removed under demonetisation, to reduce the impact on the economy.

 Decreasing use of 2000 note-

 According to RBI, Rs 2000 notes are generally not used much in transactions.  Under the clean note policy of RBI, it has been decided to withdraw Rs 2,000 notes from circulation.  However, you will have full time to go to the bank and exchange the Rs 2,000 note kept with you.

 Big reasons----

 Circulation of currency notes refers to the process of moving the notes from one person or organization to another.  Withdrawal of Rs 2000 notes from circulation would mean that these notes would no longer be available for use in the Indian economy.

 Legal Tender: -

Legal tender is a form of currency which is accepted by the government for the payment of debt. The Rs 2000 note is legal tender in India, which means it can be used to pay for goods and services.

 Demonetization:-

 Demonetization is the process of withdrawing legal tender currency from circulation.  In 2016, the 500 and 1000 rupee notes were removed from circulation as a result of the demonetization plan of the Government of India.

 Counterfeit notes: ---

Counterfeit notes are counterfeit currency notes made to look like genuine notes.  Counterfeit notes can be a big problem for economies.  Fake notes can cause inflation.

 Economic Impact – 

The demonetisation of the Rs 2000 note is likely to have a significant impact on the Indian economy.  This is likely to reduce economic activity, as people will be less likely to use cash.

 Public reaction:-

 Public reaction to the withdrawal of Rs 2000 note has been mixed.  Some have welcomed the decision, as they believe it will help reduce corruption and counterfeiting.  Many people have criticized this decision, believing that it will be inconvenient and will cause a lot of hardship to the people.

Making a Cashless India- Withdrawal of Rs 2000 note is likely to accelerate the pace of transition to a cashless India.  Government has been promoting cashless society since many years and demonetisation of Rs 2000 note is a big step in this direction.

 If you also have 2000 notes kept at home, then from May 30 to September 30, you can go to the banks to deposit or exchange these notes, so there is no need to panic in any way.

 And the bank does not have any kind of fee for changing two thousand notes, you can go and change them for free.