Q301
30 Aug 2026
Economy and Banking
Trial of polymer banknotes will be conducted for which denominations in India?
A
₹10 and ₹20
B
₹50 and ₹100
C
₹100 and ₹200
D
₹200 and ₹500
Explanation
The Government of India has approved the Reserve Bank of India's proposal to conduct field trials of polymer banknotes in the denominations of ₹10 and ₹20. Polymer notes are more durable, resistant to moisture and tearing, and have a longer lifespan than traditional paper currency. The RBI plans to issue one billion pieces each of ₹10 and ₹20 polymer notes during the trial phase before considering their regular circulation.