With the Diwali season beginning, markets have become lively. Along with this, the network of fake currency is also spreading rapidly. A counterfeit currency racket has been busted in Sangli, Maharashtra.
With the Diwali season beginning, markets have become lively. Along with this, the network of fake currency is also spreading rapidly. In fact, a counterfeit currency racket has been busted in Sangli, Maharashtra. In a major action, Maharashtra Police have seized fake currency worth ₹1.11 crore. Five people have also been arrested in this case. This incident has further increased people's suspicion about the abundance of fake currency in the market during Diwali. So, today we will tell you how to identify genuine and fake currency.
RBI's MANI App
The RBI launched the MANI app to identify fake currency. It is a fake note detector app. To identify a fake note with this app, open the app and scan the note. After scanning, the app will immediately tell you whether the note is genuine or fake. The app's special feature is that it can even identify torn and old notes.
Check the security features of the note.
To identify a genuine and fake note, check the security features of the note yourself. Genuine notes have a bright security line with the words Bharat and RBI written on it. Additionally, there is a watermark near Gandhiji's photo, which is clearly visible in the line. Genuine notes have Gandhiji's glasses and the words RBI, Bharat, and 500 written in very small letters on the edge of the note.
Check with a UV test.
You can check for genuine and fake notes using a UV test. If you don't have a UV light, you can hold a blue or purple transparent plastic piece to your phone's flashlight. The thread and serial number on genuine notes glow in a dim blue or green light. Although this method isn't 100% reliable, it can be used for initial identification.
Identify by the quality of the note.
To distinguish between a genuine and a fake note, one can also identify it by holding the note in one's hand. The paper on genuine notes is strong and durable, while fake notes are thin and of poor quality. They tend to discolor when bent or rubbed.
You may also like
'We love Viktor': Trump calls himself 'the only one that matters' while praising Hungarian PM Orban at Gaza summit
Channel 5 viewers issue complaint minutes into Prince Andrew documentary: 'What a waste'
'Love was never about...': Amid Trudeau-Katy Perry dating rumours, ex-wife Sophie Grégoire shares 'letting go' Instagram post
The Boys star speaks out as Prime Video faces backlash for axing show
Hang them, says dad of BTech grad beaten to death by MP cops