Government to print plastic currency note

Q.  Government of India has decided to print plastic currency notes. What type of plastic is this?
- Published on 12 Dec 16

a. Polymer substrate
b. Polythene
c. Polymorphene
d. None of the above

ANSWER: Polymer substrate
 
Government to print plastic currency noteGoI has announced in the Parliament that it has been decided to print notes on plastic or polymer substrate. The process of procurement has been initiated.

RBI has been planning to launch plastic currency notes after field trials. One billion plastic notes of INR 10 denomination were introduced in a field trial in five cities.

The plastic notes have the following main advantages:
  • The average life span of plastic notes is around 5 years.
  • These notes are difficult to imitate.
  • Currency notes made of plastic are cleaner than paper ones.
These type of notes were first introduced in Australia to guard against counterfeiting.

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