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Indian 200-rupee note

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Two Hundred rupees
(India)
Value₹200 (approximately. $3)
Width146 mm
Height66 mm
Years of printing25 August 2017– present
Obverse
DesignMahatma Gandhi New Series
Design date2017
Reverse
DesignSanchi Stupa
Design date2017

The Indian 200-rupee note (₹200) is a denomination of the Indian rupee.[1][2][3][4] After the 2016 Indian banknote demonetisation, the new currency notes were announced by the Reserve Bank of India: ₹2,000, ₹500, ₹200, ₹100, ₹50, ₹20 and ₹10.[5][6]

In order to determine currency denominations, the Reserve Bank of India follows a variation of the Renard series, called the 1-2-5 series, in which a ‘decade’ or a 1:10 ratio is covered in 3 steps, such as 1, 2, 5, 10, 20, 50, 100, 200, 500, 1,000, etc.[7] The Reserve Bank of India described the 200-rupee notes as the missing link in the Renard series.[8][9] Besides the Indian Rupee, Euro and British Pound sterlings are two of the most notable currencies that are denominated in the 1-2-5 series.[10] Renard series first proposed by French Army engineer Charles Renard. In March 2017, the decision to introduce ₹200 notes was taken by the Reserve Bank of India with the consultation of the Ministry of Finance.[11] The currency is produced by printing units of the government-run Security Printing and Minting Corporation of India or at printing presses in Mysore and Salboni, managed by the Reserve Bank of India-owned Bharatiya Reserve Bank Note Mudran Private Limited, reportedly by Times of India.[12][13] The Government of India (GOI) had examined the introduction of the ₹200 notes that would help citizens transact easily.[14][15] In June 2017, a photograph of a ₹200 banknote went viral on social media platforms like Facebook and WhatsApp.[16][17] RBI announced the specifications of the new 200-rupee note in the Mahatma Gandhi New Series, bearing the signature of Dr. Urjit R. Patel, Governor of the Reserve Bank of India on 25 August 2017.[18][19]

Design

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On 25 August 2017, the Reserve Bank of India introduced a new ₹200 banknote in the Mahatma Gandhi (New) Series.[18] The new version of the note has a depiction of Sanchi Stupa on the reverse, depicting the country’s cultural heritage. The base colour of the note is Bright Yellow. The dimensions of the banknote are measured at 146 mm x 66 mm.[9] Four angular bleed lines and two circles between angular bleed lines at the right corner H symbol with 200 at right corner above ashoka pillar

Circulation

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The Reserve Bank of India announced that new 200-rupee banknotes would be in circulation from 25 August 2017 on the occasion of Ganesh Chaturthi.[20][21]

Languages

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As like the other Indian rupee banknotes, the ₹200 banknote has its amount written in 17 languages. On the obverse, the denomination is written in English and Hindi. On the reverse is a language panel which displays the denomination of the note in 15 of the 22 official languages of India. The languages are displayed in alphabetical order. Languages included on the panel are Assamese, Bengali, Gujarati, Kannada, Kashmiri, Konkani, Malayalam, Marathi, Nepali, Odia, Punjabi, Sanskrit, Tamil, Telugu and Urdu.

Denominations in central level official languages (at below either ends)
Language ₹200
English Two hundred rupees
Hindi दो सौ रुपये
Denominations in 15 state level/other official languages (as seen on the language panel)
Assamese দুশ টকা
Bengali দুইশ টাকা
Gujarati બસો રૂપિયા
Kannada ಎರಡು ನೂರು ರೂಪಾಯಿಗಳು
Kashmiri زٕ ہَتھ رۄپیہِ
Konkani दोनशें रुपया
Malayalam ഇരുന്നൂറ് രൂപ
Marathi दोनशे रुपये
Nepali दुई सय रुपियाँ
Odia ଦୁଇ ଶହ ଟଙ୍କା
Punjabi ਦੋ ਸੌ ਰੁਪਏ
Sanskrit द्विशतं रूप्यकाणि
Tamil இருநூறு ரூபாய்
Telugu రెండు వందల రూపాయలు
Urdu دو سو روپیے

See also

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References

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  1. ^ "200 Notes Are Here But Don't Go To ATMs For Them". Ndtv.com.
  2. ^ Unnikrishnan, Dinesh (26 July 2017). "Rs 200 notes: To kill illegal cash deals, make it the top denomination; scrap 500 and 2,000 bills". Firstpost.
  3. ^ Gopakumar, Gopika (26 July 2017). "RBI stops printing Rs 2000 notes, focus now on new Rs 200 notes". Livemint.
  4. ^ "RBI dreads recalibration: Rs 200 notes may only be available at banks, not ATMs". Business Today. 7 April 2017.
  5. ^ "Why the RBI is giving you the new Rs 200 note". The Times of India.
  6. ^ "Re-1 note back in business". The Times of India.
  7. ^ "RBI all set to release Rs 200 currency note today". The Times of India.
  8. ^ "₹200 banknotes in circulation from today". www.thehindubusinessline.com. 24 August 2017. Retrieved 15 April 2022.
  9. ^ "RBI all set to release Rs 200 currency note today".
  10. ^ "Behind the new Rs 200 note lies a story of how currency denominations are determined". Moneycontrol.com.
  11. ^ Jain, Paridhi (4 July 2017). "New Rs 200 notes to be released soon by Reserve Bank of India". India Today.
  12. ^ Das, Saikat; Ray, Atmadip (29 June 2017). "Printing of Rs 200 currency notes begins". Times of India.
  13. ^ "RBI has started process of printing Rs 200 notes to make daily transactions easier: report". Business Today. 29 June 2017.
  14. ^ "RBI to issue first-ever 200-rupee note". Telegraphindia.com. Retrieved 22 December 2018.
  15. ^ "Rs 50, Rs 200, Rs 500 and Rs 2000 notes images: Here are the new currency notes released by RBI". Financialexpress.com. 23 August 2017. Retrieved 22 December 2018.
  16. ^ "Image of Rs 200 currency note goes viral on social media; debate rages over fake or real status". Financial Express. 6 April 2017.
  17. ^ "Is this new Rs 200 note going viral on social media real, or fake?". Deccan Chronicle. 6 April 2017.
  18. ^ a b "RBI to issue Rs 200 note tomorrow. Here is how it looks". The Economic Times. 24 August 2017. Retrieved 22 December 2018.
  19. ^ "RBI Introduces ₹ 200 denomination banknote". Reserve Bank of India. Retrieved 25 August 2017.
  20. ^ "Ganesh 2000". Deccan Chronicle.
  21. ^ "RBI to issue Rs 200 note on Friday". The Times of India.
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