Tuesday, 8 November 2016

3 Things to know about Rs 2000 currency note with NANO chip to eradicate black money

As many of you seen Rs 2000/- gone viral on internet no proofs of it whether it is real or not.
Few questions which has raised in forums with swatch Bharat Specs symbol.

 ⁠⁠⁠RBI likely to issue Rs 2000 Rupees Notes coming February 2017.

India is all set to add one more new denomination to its currencies shortly.

1)Government has put a step forward and took an initiative to declare the black money without revealing the identity. 

2)Now second action plan is track the denomination located in dense with a micro chip NGC (Nano GPS Chip)

3)How the embeded NGC Technology Works?

The unique feature of the NGC is it doesn't need any power source. It only acts as a signal reflector. When a Satellite sends a signal requesting location the NGC reflects back the signal from the location, giving precise location coordinates, and the serial number of the currency back to the satellite, this way every NGC embedded currency can be easily tracked & located even if it is kept 120 meters below ground level. The NGC cant be tampered with or removed without damaging the currency note.

4)How will this help eradicate black money menace?

Since every NGC embeded currency can be tracked. The satellite can identify the exact amount of money stored at a certain location. If a relatively high concentration of currency is found a certain location for a longer period of time at suspicious locations other than banks & other financial institutions. The information will be passed on to the Income Tax Department for further investigation

This is fake news and RBI has responded this is not real. Fake news from whatapp forward !!


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