RBI’s Banknote Survey: Rs. 100 is the most preferred banknote

RBI’s Banknote Survey: Rs. 100 is the most preferred banknote

• The Reserve Bank of India’s Banknote Survey of Consumers’ findings revealed that, among banknotes, Rs.100 was the most preferred while Rs. 2,000 was the least preferred denomination.
• The survey that was published in the Reserve Bank of India Annual Report this year said that Rs 100 notes were most preferred among Indians, while Rs. 2000 notes were the least preferred. The RBI survey also found out that the total number of Rs. 2000 notes comprised only 214 crores or 1.6 per cent of the total currency notes in circulation.
• A diverse sample of 11,000 respondents from rural, semi-urban, urban and metropolitan areas, spanning 28 states and three union territories participated in the survey. The survey also included 351 visually impaired respondents (VIR). The survey covered respondents from the age of 18 to 79 years with a gender representation of 60:40 for males and females.

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Published date : 30 May 2022 06:25PM