RBI’s Banknote Survey: Rs 100 is the most preferred banknote

RBI’s Banknote Survey: Rs 100 is the most preferred banknote – The Reserve Bank of India’s Banknote Survey of Consumers’ findings have shown that Rs100 was the most preferred and but Rs 2,000 was the least preferred denomination.

• The survey has been published in the Reserve Bank of India Annual Report 2022.
• As per the survey Rs, 100 notes were most preferred by Indian citizens, while Rs 2000 notes were the least preferred.
• The total number of Rs 2000 notes comprised only 214 crores or 1.6% of the total currency notes in circulation.

RBI Survey of Consumers on Bank Notes:

• The survey was conducted in rural, semi-urban, urban and metropolitan areas of 28 states and three union territories with a diverse sample of 11,000 respondents.
• The survey included 351 visually impaired respondents (VIR). 
• The survey covered respondents who are aged 18 to 79 years with a gender representation of 60:40 for males and females.

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