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Rs 500 note the king of cash; share rose the highest in FY21
The share of all currency notes except Rs 500, Rs 200 and Rs 20 in the economy dipped in Covid-hit FY21 compared to the previous year
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Notes in circulation go up on account of precautionary holding of cash: RBI
The value and volume of banknotes in circulation increased by 16.8% and 7.2%, respectively, during 2020-21, as against an increase of 14.7% and 6.6%,
