Such fake news on social media was so serious even to make the Reserve Bank (RBI) come into the picture. The central bank thus denied all such doubts raised through typing on social media about the validity of an odd mark given ‘star’ (*). Now, the Reserve Bank of India (RBI) has said about the star note that the banknote bearing an asterisk in the middle of the series is as much valid as any other instrument.
RBI issues directives, stating some of the important things.
The Reserve Bank of India, RBI said through its statement that a star mark has been introduced in this kind of bank note issued in place of a wrongly printed note, in the panel, in the number as well. Some people viewed the star mark and then compared this with other 500 rupee notes as fake or counterfeit, after which RBI took cognizance and gave information.
In Indian, the central bank states that the notes with star mark are counted for the replacement of wrongly printed notes in a bundle of notes with serial numbers. This star mark is between the number of the note and the letters printed before it.
What does the star mark on the banknote signify?
The RBI has thereby clarified that a note with a star mark is equivalent to any other note; it shows that the particular star mark indicates that it has been issued in place of a note which has had some change or has been reprinted.
Let us tell you that circulation of star notes was started in the year 2006 for easy note printing as well as cost-cutting. Earlier, replacement was made for wrongly printed notes with correct notes having the same number.
