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What percentage of 500 and 1000 rupees notes was received by RBI after the 2016 demonetization?

  1. A
    98.96%
  2. B
    95.65%
  3. C
    93.27%
  4. D
    97.45%

Solution & Step-by-step Explanation

According to the annual report released by the Reserve Bank of India (RBI), approximately 98.96% of the demonetized ₹ 500 and ₹ 1000 banknotes returned to the banking system following the November 2016 demonetization exercise.

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What percentage of 500 and 1000 rupees notes was received by RBI after the 2016 demonetization?
A
98.96%
B
95.65%
C
93.27%
D
97.45%

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