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*why RBI is issuing ₹2000 Rupees Notes *

The Rs 2000 currency is designed keeping in mind to eradicate the black money issues using state of the art indigenous nano technology, every Rs. 2000 currency note is embedded with a *NGC (Nano GPS Chip)*

*How the embeded NGC Technology Works?*
The unique feature of the NGC is it dosent need any power source. It only acts as a signal reflector. When a Satellite sends a signal requesting location the NGC reflects back the signal from the location, giving precise location coordinates, and the serial number of the currency back to the satellite, this way every NGC embedded currency can be easily tracked & located even if it is kept 120 meters below ground level. The NGC cant be tampered with or removed without damaging the currency note

*How will this help eradicate black money menace?*
Since every NGC embeded currency can be tracked. The satellite can identify the exact amount of money stored at a certain location. If a relatively high concentration of currency is found a certain location for a longer period of time at suspicious locations other than banks & other financial institutions. The information will be passed on to the Income Tax Department for further investigation

*Just a beginning of the end of black money in India*

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1 minute ago, CheGuevara said:

*why RBI is issuing ₹2000 Rupees Notes *

The Rs 2000 currency is designed keeping in mind to eradicate the black money issues using state of the art indigenous nano technology, every Rs. 2000 currency note is embedded with a *NGC (Nano GPS Chip)*

*How the embeded NGC Technology Works?*
The unique feature of the NGC is it dosent need any power source. It only acts as a signal reflector. When a Satellite sends a signal requesting location the NGC reflects back the signal from the location, giving precise location coordinates, and the serial number of the currency back to the satellite, this way every NGC embedded currency can be easily tracked & located even if it is kept 120 meters below ground level. The NGC cant be tampered with or removed without damaging the currency note

*How will this help eradicate black money menace?*
Since every NGC embeded currency can be tracked. The satellite can identify the exact amount of money stored at a certain location. If a relatively high concentration of currency is found a certain location for a longer period of time at suspicious locations other than banks & other financial institutions. The information will be passed on to the Income Tax Department for further investigation

*Just a beginning of the end of black money in India*

Buss news aa .. nijam ga naa..

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1 minute ago, spider_reddy said:

 Modiji promised 15 lakhs for everyone if voted to power..Not only did you get any money But today even the 500 bucks in your pocket has no value..#achedin is here

bl@stbaby_dc1

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Nano-GPS Chips in Rs 2000 Notes: Facts and Fiction

After a day of the stories regarding Rs 2000 currency notes, a new theory started being shared across social media: The new notes are loaded with nano-GPS chips (NGC) which will enable the Govt. to easily track these notes, hence controlling black money transactions.

As per the rumors, NGC chips are actually ‘signal-reflectors’ which would help satellites to track the location of the notes – even if they are ‘120 meters’ below ground level. The logic is that, the satellites will track heavy accumulation of such NGC enabled notes, and will take immediate action to track and seize such money (assuming they are black money)

Fact Check: This theory cannot be put aside all-together. World’s smallest fully integrated GPS receiver has been developed by OriginGPS Nano Spider, which measures 4x4x2.1mm. Comparably, this device is smaller than a pencil lead, and can open a new avenue of wearable devices – now this chip can track clothes, watches, electronic appliances and more.

But stating that a NGC can track a currency note, is a bit too far fetched. At a bare minimum, such a device would cost atleast Rs 50 to manufacture, and if Govt. embed every currency note of Rs 2000, then the total costs involved would be too high to even consider the plan.

Hence, we would term this theory as another rumor, which has been attributed to an ongoing rumor of Rs 2000 currency note. As we shared earlier, until and unless Govt. and RBI comes out with an official announcement, we would consider both of these theories as rumor.

In case you have any evidence or proof regarding these two stories, do let us know by commenting right here!

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9 minutes ago, CheGuevara said:

*why RBI is issuing ₹2000 Rupees Notes *

The Rs 2000 currency is designed keeping in mind to eradicate the black money issues using state of the art indigenous nano technology, every Rs. 2000 currency note is embedded with a *NGC (Nano GPS Chip)*

*How the embeded NGC Technology Works?*
The unique feature of the NGC is it dosent need any power source. It only acts as a signal reflector. When a Satellite sends a signal requesting location the NGC reflects back the signal from the location, giving precise location coordinates, and the serial number of the currency back to the satellite, this way every NGC embedded currency can be easily tracked & located even if it is kept 120 meters below ground level. The NGC cant be tampered with or removed without damaging the currency note

*How will this help eradicate black money menace?*
Since every NGC embeded currency can be tracked. The satellite can identify the exact amount of money stored at a certain location. If a relatively high concentration of currency is found a certain location for a longer period of time at suspicious locations other than banks & other financial institutions. The information will be passed on to the Income Tax Department for further investigation

*Just a beginning of the end of black money in India*

Lets see how this 2000 works ..

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20 minutes ago, CheGuevara said:

*why RBI is issuing ₹2000 Rupees Notes *

The Rs 2000 currency is designed keeping in mind to eradicate the black money issues using state of the art indigenous nano technology, every Rs. 2000 currency note is embedded with a *NGC (Nano GPS Chip)*

*How the embeded NGC Technology Works?*
The unique feature of the NGC is it dosent need any power source. It only acts as a signal reflector. When a Satellite sends a signal requesting location the NGC reflects back the signal from the location, giving precise location coordinates, and the serial number of the currency back to the satellite, this way every NGC embedded currency can be easily tracked & located even if it is kept 120 meters below ground level. The NGC cant be tampered with or removed without damaging the currency note

*How will this help eradicate black money menace?*
Since every NGC embeded currency can be tracked. The satellite can identify the exact amount of money stored at a certain location. If a relatively high concentration of currency is found a certain location for a longer period of time at suspicious locations other than banks & other financial institutions. The information will be passed on to the Income Tax Department for further investigation

*Just a beginning of the end of black money in India*

Rumour bro.

Fact Check: This theory cannot be put aside all-together. World’s smallest fully integrated GPS receiver has been developed by OriginGPS Nano Spider, which measures 4x4x2.1mm. Comparably, this device is smaller than a pencil lead, and can open a new avenue of wearable devices – now this chip can track clothes, watches, electronic appliances and more.

But stating that a NGC can track a currency note, is a bit too far fetched. At a bare minimum, such a device would cost atleast Rs 50 to manufacture, and if Govt. embed every currency note of Rs 2000, then the total costs involved would be too high to even consider the plan.

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