💨 Abstract

The article discusses a subscriber's suggestion to combat corruption by printing an expiry date on Rs. 500 notes, four years from the date of printing. This would disrupt the common method of corruption involving large denominations. Expired notes could be deposited in SBI within three months after the expiry date to prevent loss. This idea was proposed by a social leader before independence, but never implemented.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖