Friday 11 November 2016

WHAT WILL GOVERNMENT DO ALL THE BANNED NOTES 500 and 1000 Rupees?


As we know that 500 and 1000 Rupees Currency Notes are banned that Banned notes will be sent to RBI Issue Office. They will send that Notes to CURRENCY VERIFICATION and PROCESSING SYSTEM and divides in which are able to Recycle and not able to Recycle.


BIMAL JALAN RBI Governor (2003) he introduced a Technical Proecess (CVPS) which divides all the notes at a perfect temperature which are not able to use and they can process 60,000 at a time these system have a technology that they can filter Duplicate notes and Original Notes and decides whether they are able to Recycle are not. This Machine Cuts all the duplicate notes in to pieces and they will cut all the Original notes in correct border and all the remained pieces after cutting and gives for tenders for Industries for Industrial use in BRICKLETS Structure. 

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