Today I was at the bank depositing some cash when the teller discovered that one of the Rs 500 bills I gave her was fake. Visual examination did not reveal that the bill was counterfeit; only under UV light can one make out that genuine bills have a silver line which glows while the same line on a fake bill does not glow.
One of the simplest ways of undermining an economy is to introduce a huge amount of fake currency. From time to time, one hears of counterfeiting operations in …