India has taken a significant step against so called corruption  by  scrapping 500 and 1000 rupees notes today. This might be the boldest move that will be remembered over upcoming decades.

Today Prime Minister Narendra Modi has announced that the existing legal notes of Rs. 500 and Rs. 1000 will cease to be valid from midnight of November 8, 2016.

This move also aims to prevent the growing problem of counterfeit currency. As an Indian citizen here are few things you should know about this brilliant step.

 

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