Introduction
Whether before demonetization or after demonetization, a discussion on fake currency notes has been doing the rounds. Counterfeiting is a significant problem in banknotes. To prevent counterfeiting, various types of security features have been included in currency notes. These security features make currency difficult to counterfeit. Each currency has unique features such as micro lettering, paper quality, intaglio printing, watermark, identification mark, security thread, latent image, optically variable ink, see-through register, etc.
How can we differentiate between fake currency and genuine currency?
What are the Punishments related to fake currencies?
All the above topics have been discussed.
CONTENTS
👉 SECURITY FEATURES OF ₹ 2000 & ₹ 500.
👉 TIPS FOR DETECTION OF FORGED NOTES.
👉 HOW TO CHECK WHETHER A BANKNOTE IS GENUINE OR FAKE.
👉 LEGAL PROVISIONS AGAINST COUNTERFEITING.
SECURITY FEATURES OF ₹ 2000 & ₹ 500
1. Color Of Currency
2. Size Of Currency
3. See Through Register
4. Latent Image
5. Devanagari Denomination
6. Portrait of Mahatma Gandhi
7. Microlettering
8. Security Thread
9. Guarantee Clause, Governor’s Signature and RBI Emblem On The Right
10. WATERMARKS
11. Number Panel With Numerals Growing From Small To Big On Top Left And Bottom Right Sides
12. Optically Variable ink
13. Ashoka Pillar Emblem
14. Identification Mark
15. Bleed Lines
16. Year Of Printing Of The Note On The Left.
17. Swachh Bharat Logo With Slogan
18. Language Panel Towards The Centre.
19. Motif on The Reverse Side
20. Denomination Numeral In Devnagari On Right
How do you check whether a banknote is genuine or fake?
🧤 Feel:- Intaglio print is very simple and efficient for checks. Intaglio print leaves with some of the banknote element “Raised” layer of ink rough to the touch.
👀 Look:– When a banknote is held up to the light, the watermark, security thread and see-through register should be visible.
📤 Tilt:- Depending on the viewing angle, a color shifting ink or image on the hologram can be seen.
🔎 Check:- It is necessary to check more than one security feature.
Tips for Detection of Forged Notes
✔ The practice of counting the notes by looking at the Number Panel, font size, thickness and shape of the numbers will automatically register in your memory.
✔ Once you suspect a note, you can easily confirm it to be forged by verifying the Watermark and other security features of the note.
✔ While counting bank notes, always look at the FRONT SIDE OF THE NOTES & NUMBER PANEL.
✔ The numbers on the Forged Notes (printed) are mostly small in size.
Legal Provisions Against Counterfeiting
Printing and Circulation of Forged Notes are Offences under Sections “489A” to “489E” of the “INDIAN PENAL CODE” and are punishable in the courts of law by FINE or IMPRISONMENT or BOTH.
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