alleryIn which year was the ₹500 banknote first introduced?
A1987
B2000
C1978
D1950
Answer & Solution
Correct answer: A. 1987
1. Higher notes above ₹100 were demonetised in 1978.
2. The ₹500 note was introduced in 1987.
3. The ₹1,000 note followed in 2000.
_Source: Wikipedia, Indian rupee (CC BY-SA 4.0), Indian rupee_
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