Is identity card necessary to exchange 2000 rupee note or not? Supreme Court gave this answer -aabtak24


2000 Rupee Note Exchange: The Supreme Court on Monday (July 10) has rejected the petition filed against the exchange of 2 thousand rupee note without showing the identity card. Petitioner advocate Ashwini Upadhyay said that corrupt and anti-national elements are benefiting by exchanging notes without seeing the identity card.

What was the demand made in the petition?

In this petition of Ashwini Upadhyay, it has been said that Rs 2,000 notes worth more than Rs 3 lakh crore are suspected to be with the corrupt, mafia or anti-national forces. In such a situation, such elements are benefited by changing notes without seeing the identity card. 

The petitioner has said that there is no such family in India today, which does not have a bank account. Therefore, Rs 2000 notes should be deposited directly into bank accounts. It has also been said in the petition that it should also be seen that the person is depositing money only in his account and not in someone else’s account. 

The Reserve Bank has already opposed the petition 

Reserve Bank has also opposed this petition. During the arguments in the Delhi High Court, senior advocate Parag Tripathi, appearing for the Reserve Bank, had said that the court cannot interfere in the financial and monetary policy. It is the right of the Reserve Bank to issue and withdraw notes. 

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