? Cool Title, but what’s the news?
The Reserve Bank of India (RBI) will soon issue new Rs 100 denomination banknotes in lavender colour. This comes on the back of new designs introduced for Rs 200, Rs 500 and Rs 10 notes, in the last couple of years.
? Okay, but what does it mean?
While the front side depicts Mahatma Gandhi’s face, the back side will feature a motif of “RANI KI VAV”, highlighting the country’s cultural heritage.
RANI KI VAV refers to a memorial constructed in Patan, Gujarat for the 11th century king Bhima. The dimension of the new note will be 66 mm × 142 mm, which will be the same as the other new notes released last year.
? Why should I care?
Because it’s new currency, and it’ll directly affect your pocket. Because it’s meant to live there. And this probably is the last phase to be rolled out in RBI’s quest to bring new currency into circulation, the only one being left out is Rs 20 note.
Some features of the new note include:
- See-through register and latent image with denominational numeral 100.
- Like every other currency note, this note also has a portrait of Mahatma Gandhi at the centre.
- There is a security thread with inscriptions, ‘भारत’ and RBI, and if the note is tilted, the colour changes from green to blue.
- Mahatma Gandhi portrait and electrotype (100) watermarks
- Right side of Mahatma Gandhi portrait includes Guarantee Clause, Governor’s signature with Promise Clause and RBI emblem.
- Ashoka Pillar emblem on the right.
- The top left side and bottom right side have a number panel with numerals in ascending font.
- Swachh Bharat logo with slogan.
Source: The News Minute