Comments on: Be aware of fake Rs 500 bank notes http://www.deeshaa.org/2006/03/27/be-aware-of-fake-rs-500-bank-notes/ Mon, 13 Feb 2012 05:41:09 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Nandkumar Saravade http://www.deeshaa.org/2006/03/27/be-aware-of-fake-rs-500-bank-notes/comment-page-1/#comment-9369 Nandkumar Saravade Fri, 31 Mar 2006 05:03:55 +0000 http://www.deeshaa.org/2006/03/27/be-aware-of-fake-rs-500-bank-notes/#comment-9369 As luck would have it, there have been a few exemplary convictions in fake note cases at various places in India in recent times, which given our track record in prosecuting crimes, is quite a welcome news. More details at http://saravade.livejournal.com/25064.html <em><strong>Atanu's response:</strong> So what would happen if I were to be passed a fake bill and when I go to the shop, the shopkeeper turns me over to the police? I did not manufacture the bill at home and the fake ones in circulation are darned difficult to tell from the real ones unless one is lugging around equipment which can distinguish the two?</em> As luck would have it, there have been a few exemplary convictions in fake note cases at various places in India in recent times, which given our track record in prosecuting crimes, is quite a welcome news. More details at http://saravade.livejournal.com/25064.html

Atanu’s response: So what would happen if I were to be passed a fake bill and when I go to the shop, the shopkeeper turns me over to the police? I did not manufacture the bill at home and the fake ones in circulation are darned difficult to tell from the real ones unless one is lugging around equipment which can distinguish the two?

]]> By: Subrat Mishra http://www.deeshaa.org/2006/03/27/be-aware-of-fake-rs-500-bank-notes/comment-page-1/#comment-9260 Subrat Mishra Thu, 30 Mar 2006 21:57:19 +0000 http://www.deeshaa.org/2006/03/27/be-aware-of-fake-rs-500-bank-notes/#comment-9260 The reason u r unlikely to see any fake bills of lower denominations is quite simple - people who print them arnt fools. the cost of printing a Rs.1000 bill & a Rs.20 bill would, I guess be almost the same, so if u were churning out those fakes where would you put your money?? The reason u r unlikely to see any fake bills of lower denominations is quite simple – people who print them arnt fools. the cost of printing a Rs.1000 bill & a Rs.20 bill would, I guess be almost the same, so if u were churning out those fakes where would you put your money??

]]> By: Parvati http://www.deeshaa.org/2006/03/27/be-aware-of-fake-rs-500-bank-notes/comment-page-1/#comment-8998 Parvati Thu, 30 Mar 2006 05:23:33 +0000 http://www.deeshaa.org/2006/03/27/be-aware-of-fake-rs-500-bank-notes/#comment-8998 Can fake notes of any denomination wander about the country? 10,20,100, or are there fakes only in 500 or 1000 rupee notes? What can be done if it is possible for the malady to spread to the lower denominations too? Can fake notes of any denomination wander about the country? 10,20,100, or are there fakes only in 500 or 1000 rupee notes? What can be done if it is possible for the malady to spread to the lower denominations too?

]]> By: Harsha http://www.deeshaa.org/2006/03/27/be-aware-of-fake-rs-500-bank-notes/comment-page-1/#comment-8988 Harsha Thu, 30 Mar 2006 03:59:10 +0000 http://www.deeshaa.org/2006/03/27/be-aware-of-fake-rs-500-bank-notes/#comment-8988 I've been long thinking what if we do with a currency note of max. denomination Rs.100 in M1. It helps reduce block economy a little bit and lets people go to bank for all large transactions. I’ve been long thinking what if we do with a currency note of max. denomination Rs.100 in M1.

It helps reduce block economy a little bit and lets people go to bank for all large transactions.

]]> By: Guru Gulab Khatri http://www.deeshaa.org/2006/03/27/be-aware-of-fake-rs-500-bank-notes/comment-page-1/#comment-8855 Guru Gulab Khatri Tue, 28 Mar 2006 19:37:39 +0000 http://www.deeshaa.org/2006/03/27/be-aware-of-fake-rs-500-bank-notes/#comment-8855 <blockquote>And I presume that some of the billions of rupees of fake currency circulating in India is brought into the country via the bus and train service between Pakistan and India</blockquote> Internationaly it can also come in through the gulf states. PS what about smaller denominations being fake, chances are that they are spent quickly, if i were to do it i will apply the BOP(bottom of pyramid) model. Most people dont carefuly look at smaller bills.

And I presume that some of the billions of rupees of fake currency circulating in India is brought into the country via the bus and train service between Pakistan and India

Internationaly it can also come in through the gulf states.
PS what about smaller denominations being fake, chances are that they are spent quickly, if i were to do it i will apply the BOP(bottom of pyramid) model.
Most people dont carefuly look at smaller bills.

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