Is RBI giving another opportunity to exchange 500-1000 rupee old notes that have been closed in demonetisation?

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New Delhi: Corona infection has made a big impact all over the world. In smartphones, the whole world has been reduced to our fists in a way. A lot of information is spreading rapidly on mobile and internet. If the information is appropriate, it is good that they can reach as many people as possible. But if the same information is incorrect, there are major problems. If misinformation or misleading news or any rumor spreads rapidly to more people, it becomes very difficult for the government and the system to deal with them, refute them and convey the right information to the individuals. Now, it has been more than 4 years since the demonetization happened, but a notice linking it is going viral on social media these days.

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It is being told that the time limit for exchange of old 500-1000 rupee notes which has been closed in demonetization has been extended. However, this facility is meant for special persons like foreign tourists. It may be noted that the country’s central bank RBI means typed information on the letterhead format of the Reserve Bank of India. A letter is going viral on social media. According to the information, published on the so-called letterhead of RBI, the government is being given another opportunity to exchange currency notes which were discontinued in 2016 due to demonetization.

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The same facility is available for foreign tourists. In November 2016, old notes of 500 and 1000 rupees were left in demonetisation. Later, 500 new notes were issued, while 1000 rupee notes were discontinued.
In 2016, at 8 pm on 8 November, PM Narendra Modi while addressing the whole of India announced demonetisation. While announcing the demonetization, he said that the old notes of 500 and 1000 will be discontinued. Subsequently, people were given the opportunity to exchange notes for a long time. But it is years after the deadline expires.

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