Money is one of the most important things that every person needs to get what they need. The name of the currency may change depending on the country where you live but the importance remains the same.
The Indian currency which is the rupee is available in two forms of banknotes and coins. Banknotes are printed in four currency presses, two of which are owned by the Indian government through its Corporation, Security Printing and Minting Corporation of India Ltd. (SPMCIL) and two are owned by the Reserve Bank, through its wholly owned subsidiary, Bharatiya Reserve Bank Note Mudran Private Ltd. (BRBNMPL).
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While the coins are minted in four workshops belonging to SPMCIL. Coins are only issued for circulation through the Reserve Bank in accordance with Section 38 of the RBI Act.
Here are some of the security features of banknotes, according to RBI that one may know:
1. Security thread: The machine-readable silver security thread in Rs 10, 20 and 50 banknotes is windowed on the front and fully integrated on the back. The wire fluoresces yellow on both sides under ultraviolet light. The wire appears as a continuous line from behind when held against the light.
Banknotes of Rs 100 and above have a machine-readable window security thread with a color change from green to blue when viewed from different angles. It is fluorescent in yellow on the back and the text will fluoresce on the obverse under ultraviolet light.
2. Intaglio printing: Mahatma Gandhi Portrait, Reserve Bank Seal, Guarantee and Promise Clause, Ashoka Pillar Emblem, RBI Governor Signature and Visually Impaired Identity Mark are printed in size- soft in denominations of Rs 100 and more.
3. View through the registry: On the left side of the banknote, part of the number of each denomination is printed on the obverse (front) and the other part on the back. Accurate back-to-back recording makes the digit appear as one when viewed against the light.
4. Watermark and Electrotype Watermark: The banknotes contain the portrait of Mahatma Gandhi in the filigree window with light and shadow effect and multidirectional lines. An electrotype mark showing the denomination number in each banknote also appears in the watermark window and these can be best seen when the banknote is held against the light.
5. Color change ink: The numbers 200, 500 and 2000 on Rs 200, Rs 500 and Rs 2000 banknotes are printed with color changing ink. The color of these numbers appears green when banknotes are held flat, but turns blue when banknotes are held at an angle.
6. New numbering model: The numbers in the two digital bill panels are ascending in size from left to right while the first three alphanumeric characters (prefix) will remain constant in size.
7. Angular baselines and increased size of identification marks: Angular bleed lines have been introduced in banknotes – 4 lines in 2 blocks in Rs 100, 4 angular bleed lines with two circles in between in Rs 200, 5 lines in 3 blocks in Rs 500, 7 in Rs 2000. In addition, the size of identification marks in denominations Rs 100 and above have been increased by 50 percent.