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

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