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Assessment of the Risk

Fake currencies have been out in the markets for a long time but new ones are introduced by counterfeiters always. It is therefore imperative to understand how the currency bears significance in an individuals life especially when it gets replicated without permission by someone.

Guidelines prescribed by RBI for the assessment of the genuineness of currency notes.

In this fight, the Reserve Bank of India has also come up with simple and detailed instructions on how to verify the authenticity of Rs 100 notes: Watermark: The light will reveal the portrait of Mahatma Gandhi along with the word and the number “100”. Floral Pattern: Noticeable floral pattern in the vertical strip beside the watermark Security Strip: The security strip is located on the right border of the current currency note. On changing the position of the note from blue to green, the colour keeps on changing Writing in a hidden manner: The words “RBI, 100” are clearly distinguishable on the currency note when the currency is tilted.

Key Points to search

Color and Texture: The real notes can be felt easily and can be easily distinguished with a color sometime spurious ones may have slight differences in color and texture’s. Itaglio printing: Always check the raised print on Mahatma Gandhi’s image and the numerals and so also on See-through Register: In the case of this note, it should be held over to the light. If the note is tilted, one can see the hidden image ‘100’ which cannot be seen with the naked eye.

Public awareness is a key component.

There should be a combination of efforts to help eliminate the problem of counterfeits of that currency. It is a campaign that starts in the hands of the citizens. In this manner, people can be educated about the security features of real notes and can check their currency sights to reduce the number of phony notes in circulation.

The Role of Technology

This can also be sorted out through the use of technology. By the use of modern tools such as image recognition and machine learning, it is possibly to properly detect and recognize a note which has been counterfeited.

Conclusion

The increase in counterfeit currency notes of the denomination of Rs 100 calls for concerted vigilance and action. Through our knowledge of the RBI’s recommendations, effective checking of the currency in question and use of appropriate technology, we can mitigate this threat and safeguard our financial order.