when was 500 rupee note introduced in india
Indian 500-rupee note The Indian 500-rupee banknote (₹500) is a denomination of the Indian rupee. The current ₹500 banknote, in circulation since November 10, 2016, is a part of the Mahatma Gandhi New Series. The previous banknotes of the Mahatma Gandhi Series, in circulation between October 1997 and November 2016, were demonetised on November 8, 2016. On 13 June, 2017, The RBI will soon introduce new Rs. 500 notes, but the old ones will continue being legal tender. The design is similar to the current notes in the Mahatma Gandhi (New) Series, except they will come with an inset 'A'.
Rupee Rūpiya was first named to a silver coin weighing 178 grains (11.53 g) minted in northern India by Emperor Sher Shah Suri during his brief rule between 1540 and 1545.[3] Suri also introduced copper coins called dam and gold coins called mohur that weighed 169 grains (10.95 g).[4]