What is the full form of INR?

The full form of INR is Indian Rupee. INR is the Republic of India’s official currency. It is approved and controlled by RBI (Reserve Bank of India). The Rupee is equal to 100 paise, that is 1 Rupee = 100 paise Based on the Reserve Bank of India Act of 1934, the RBI manages currency in India and performs its role in currency management.

What is the difference between INR & INR 2000?

INR stands for Indian Rupee. RBI is the only body charged with the responsibility of the issue of currency notes and its circulation. Reserve Bank of India Act, 1934, decides the RBI’s role with respect to currency management. One rupee coin is the lowest denomination value in India, while INR 2000 is the country’s highest denomination value.

What color is the INR 500 & 2000 Rs note?

For example, the INR 500 note, which is newly issued by the Reserve Bank of India, is grey in color with a dimension of 63mm*150mm and a theme of Red Fort, while the 2000 Rs note is magenta in color with a dimension of 66 mm * 166 mm and a theme of India’s very first venture that is Motif of Mangalayan.