(SPAM) New Rupees 2000 note has a NGC Chip
The news about an NGC (Nano GPS Chip) on the Rs. 2000/- note is a SPAM. Please find more details at the verification section of this article.
Post Information:
Below post has been circulating on social media
RBI to issue ₹2000 Rupees Notes coming February 2017
Not just a piece of paper There is much more in this note Read the full content of this message
India is all set to add one more denomination to its currencies shortly. The Reserve Bank of India (RBI) will be issuing Rs 2,000 currency notes, the highest to come into circulation, even as some experts feel7 high-value denominations should be discontinued to curb black money.
The Rs 2000 currency is designed keeping in mind to eradicate the black money issues using state of the art indigenous nano technology, every Rs. 2000 currency note is embedded with a NGC (Nano GPS Chip)
How the embeded NGC Technology Works?
The unique feature of the NGC is it dosent need any power source. It only acts as a signal reflector. When a Satellite sends a signal requesting location the NGC reflects back the signal from the location, giving precise location coordinates, and the serial number of the currency back to the satellite, this way every NGC embedded currency can be easily tracked & located even if it is kept 120 meters below ground level. The NGC cant be tampered with or removed without damaging the currency noteHow will this help eradicate black money menace?
Since every NGC embeded currency can be tracked. The satellite can identify the exact amount of money stored at a certain location. If a relatively high concentration of currency is found a certain location for a longer period of time at suspicious locations other than banks & other financial institutions. The information will be passed on to the Income Tax Department for further investigationJust a beginning of the end of black money in India
There are also a lot of videos circulating claiming that they have found the chip inside the note. They are just trying to trick the viewers and fool them.
Verification
The news about the NGC (Nano GPS Chip) chip on Rs. 2000/- note is a SPAM
NDTV Gadget has issued an article about the NGC rumour. Please find more details at the link below
http://gadgets.ndtv.com/social-networking/news/2000-note-nano-gps-chip-rumours-1623133
Also find other mainstream news on this rumour.
http://www.news18.com/news/tech/rbi-dismisses-rumours-of-gps-enabled-rs-2000-notes-1310033.html
Also find official announcement and picture from RBI about the Rs. 2000/- note.
https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=38522
Post Date: 9th Nov 2016
Post ID: #1051
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