The Reserve Bank of India (RBI) recently received government approval to conduct field trials of polymer banknotes in which denominations?

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The correct answer is Option B: ₹10 and ₹20. The Government of India has approved the Reserve Bank of India (RBI) to conduct field trials of 1 billion polymer ₹10 notes and 1 billion polymer ₹20 notes. The proposal for polymer banknotes has been approved under Section 25 of the Reserve Bank of India Act, 1934. Polymer banknotes are made from a plastic polymer substrate, making them more durable than conventional cotton-paper banknotes. Polymer notes offer longer lifespan, higher resistance to moisture and dirt, improved durability, and stronger anti-counterfeiting security features. The Government has clarified that polymer banknotes will circulate alongside paper banknotes and will not replace existing paper currency. India had earlier proposed introducing polymer banknotes in 2012, but the initiative was discontinued due to technological and implementation challenges. Australia became the first country to introduce polymer banknotes in 1988, while Romania was the first European country to adopt them. According to the RBI Annual Report, expenditure on secure currency printing increased from ₹5,101.4 crore (2023–24) to ₹6,372.8 crore (2024–25), strengthening the case for longer-lasting polymer banknotes.

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₹5 and ₹10

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₹20 and ₹50

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₹50 and ₹100

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₹100 and ₹200

The Reserve Bank of India (RBI) recently received government approval to conduct field trials of polymer banknotes in which denominations?

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The Reserve Bank of India (RBI) recently received government approval to conduct field trials of polymer banknotes in which denominations?

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