What is the value (in INR trillion) of Rs. 2000 notes circulated at the end of March in the year 2021?
- A2
- B6
- C4.9
- D1.9
Solution & Step-by-step Explanation
According to the Reserve Bank of India (RBI) Annual Report, the value of ₹2000 banknotes in circulation was ₹4.9 trillion at the end of March 2021, which decreased to around ₹1.9 trillion by March 2023 before the withdrawal announcement.