News India Live, Digital Desk: Indian currency notes: The Ministry of Home Affairs has issued a serious alert regarding the presence of fake notes of Rs 500 across the country. The ministry has said that such fake notes have been found in the market, which look exactly like real notes. Banks, financial institutions and law enforcement agencies have been alerted immediately, so that special care can be taken during cash transactions.
Easy way to identify fake notes
The Ministry of Home Affairs has described a special indication for identification of fake notes. Phrases written in English on these fake notes “Reserve Bank of India” In A minor mistake of spelling Is. In fake notes “Reserve” Instead of “e” in the word “A” It is written, ie “Raserve bank of india” You will get written.
Instructions to banks and financial institutions to stay on high alert
According to officials, these fake notes are so similar to real notes that they are not easily caught. All financial institutions including Revenue Intelligence Directorate (DRI), Financial Intelligence Unit (FIU), Central Bureau of Investigation (CBI), National Investigation Agency (NIA), Securities and Exchange Board of India (SEBI) have been asked to vigilant. The Ministry of Home Affairs has also shared a picture of fake notes with the concerned agencies, so that the notes can be identified quickly.
Appeal to the public to be vigilant
The Ministry of Home Affairs has also urged the common people to be vigilant. It is advisable to inform the nearest police station or concerned agencies immediately if any suspected note or currency is found.
Large amounts can be present in fake notes
A senior investigating officer said that once the fake note comes into the market, it becomes difficult to find out their actual number. It is not easy to assess the correct amount of fake notes, as most fake notes come back from people through banks, in which many notes are not able to be caught. The official also said that the real number of fake notes in the market can be more than recorded cases.
Special measures of the government
The government has taken several concrete steps to deal with the problem of fake notes, of which:
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Indian Judicial Code 2023 (BNS)
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Illegal activities (prevention) act, 1967
Like strict laws are included. Apart from this, the government has also formed the National Investigation Agency (NIA), FICN Coordination Group (FCORD), and terrorism financing and fake currency (TFC) cell to monitor fake notes.
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