200 Rupees Note | Why do we need ₹ 200 note in India | All explained



In this video, I am explaining you all about new 200 Rupees note that is expected to be printed in june 2017 in India, So why we need ₹ 200 note and what is motive of RBI Behind printing any currency denomination, all your queries will be solved in this video. Also I am talking about new 1000 rupees note that are also coming soon, so must watch full video to know answers to your following questions :- when will 200 rs note come in India ? Reason to print 200 rs note 200 Rupees note in india why denomination of currency printed new 1000 rs note I will try to decode more business models on my channel. So pl subscribe and also share this video Follow me :- Facebook :- fb.com/Thinmister Twitter :- @tweetmrthin Youtube :- http://www.youtube.com/c/MrThin Email :- mailmrthin@gmail.com PLEASE SUBSCRIBE :) Background Music credit :- http://www.bensound.com

Comments

  1. this is probably because to reduce immediate burden on 500 and 100 denomination note as introduction of 200 denomination note will create convenience to carry higher denominations on the part of public.
  2. I want to know, how to distribute equity shares of startups among co-founders and investors.
  3. Sir please upload business model of shopping malls, big bazar, Dmart etc
  4. I want to know Xgrnder/SHAREit business model so help me please & how to earn any offline apps.
  5. easy for trading, tourism and anything u name it
  6. more denominations makes our life more easier
  7. The reason for introducing higher denomination notes is that to make these currencies future proof.

    Now by future proof I mean is that as the time goes on ratio of face value to production cost of a note keeps on decreasing. Ex.- Earlier govt. might be spending .5 paise to print 10 Rs. note but now they might have to spend 1 Rs. for printing same note. This the loss that govt. has to bear. And then down the line they will have to discontinue certain notes.

    So printing notes of higher denomination will be quite helpful for significant amount of time
  8. business model of d Mart and reliance Mart??
  9. if our bill is 20 rs and we have 200rs note then will the shopkeeper give us change ...or if we have 100rs note then he give change more easily..?
  10. AMAGI
  11. please make video on business model of shopify and tell difference between webstore of amazon and shopify
  12. one of reasons for introducing 200 rupees note is that to complete a whole series of note, like we have Rs1,Rs 10,Rs 100,Rs 1000 rupees note, but don't have a 200 rupees note sequence like we have Rs 2,Rs 20 but we don't have 200 rupees note to complete that sequence
  13. In my opinion, the introduction of 200 rupees notes is to level out the substantial gap between 100 rupee notes and higher units such 500/2000. This should encourage hassle free spending / money exchange of products in this price range, which primarily includes basic daily requirements for common man. It directly caters to the cash needs of low earnering households, who offlate experience issues of inadequate low denomination currency while buying goods in marketplace.
  14. Life expectancy of the new notes are less, also there is a huge pressure on the common man to get the day to day activities due to 2000 RS Note.

    Also if you see all the higher denomination notes have a direct denomination which is exactly half of it. For Example

    2000/2==1000

    1000/2==500

    **currency GAP**500/2 Should be similar to (5/2) like stated below

    100/2==50

    20/2==10

    10/2==5

    5/2 should be 2.5 but we have a coin instead of Rs2

    2/2 ==1

    1/2 ==0.50p

    As you see above that there is a currency gap between 100 and 500, which makes it a little tedious to exchange 500 note for buying something that would cost you only Rs 120

    Now making a 200 note makes sense because, rounding off the amount to the closest "tens" place is the key here, Rounding off the amount to the 100th place makes more sense because we follow the "unit tens hundreds" number system where Zero is an incremental value.

    We already have and example of this thing with Rs 5 note where it is not completely divisible by 2 i.e you get an answer in decimal points, hence it was rounded off to the lowest place and a Rs 2 Notes were made which were later replaced by coin's

    So they are just filling up the gap between 500 and 100 notes, which would make the currency easily exchangeable.


    P.S : Again that's my point of view which might be appealing and dis-appealing to some.....so don't hate me :-P
  15. I appreciate your efforts for other videos but I found this video to be useless and not informative.
  16. creating 200 Rs note is due to cash transaction up-to some limit
    reply if like my opinion
  17. GOVT WILL PROABLY BAN HIGHER DENOMINATION NOTES AND SO 200RS NOTES WILL BE INTRODUCED
  18. There is a need now for smaller denomination notes because a smaller denomination note will improve liquidity and there are no denominations between Rs.100 and Rs.500 also the move to introduce lower denomination notes comes against the backdrop of the government’s move to rework the currency mix. :)
  19. 500 rs and 2000 rs note will be banned in 2019 or 2020 so that's why they introduced 200 rs note i guess


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Visibility: 2187

Duration: 5m 42s

Rating: 83