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Supernotes And Terrorism

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Author: Dr Rajiv Nayan

Interestingly, the decision of 8 November, 2016 has resulted in a real supernote in `2000 denomination. If its misuse is not checked the entire benefit of demonetisation, at least for fighting terrorism, will go in vain. Moreover, Pakistan which has been the source of fake Indian currency has not withered away. It will set up new facilities to print fake notes. India may have to keep monitoring and taking appropriate action.

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