TNPSC Current Affairs January 17 2017
The RBI Note Mudran printing press has broken all its past record by printing highest number of currency notes in Dec 2016.
A Ramdass,Honorary president of Note Mudran Ltd, informed that 10.9 million notes were printed on a single days surpassing previous world record of 8.7 million notes printed in an American currency printing press.
He also said that the Printing wastage in America is 4 % while in Mudran press it is 2%. The cost per currency printing in America is 4 rupees while Mudran Press is 3.40 rupees.
About Mudran Press:
Bharathiya Reserve Bank note Mudran private limited is located in Mysuru, Karnataka which is established at 1995. It is one of the subsidiaries of RBI which prints bank notes for Reserve bank of India. It was established to address the demand of bank notes.
Other noted place for Printing Indian currency is CNP (Currency Note Press) Nasik ,Bank Note Press Mysuru and Dewas(Madhya Pradesh),