Issuance Of Currency - 15 Mints Seminar Notes

                 Issuance Of Currency - 15 Mints Seminar Notes

• Black Money is a Short pay tax,
  
• Counter Fet Money is Printed by your self,
  
• Laundering is Black to White money,
  
• Hawala is Hawala to Broker then Broker to dubai Hawala then Broker to Job Person and Finally to that Person.
  
• For Fruits, Non- veg, agriculture, cow , goat fights for a value
  
• First they gave the gold for this as for 3 cows and 2 goats.
  
• Afterwards, the gold became a value in 1935 -  RBI Bank
  
• People voted for prime minister for controlling.
  
• I promote to pay the bearer the BLM of one hundred rupees.
  
• And signed by RBI Governor.
  
• First printed notes then improved based on Economic development.
  

CRYPO TO currency:

• People Requirement for Apple
  
• No common measure of value
  
• Transportation
  
• At 110 – coins
  
• At 1050 – Gold coins
  
• At 1600 – Notes
  
• Now – Gpay, Paytm, Amazon pay
  
• This all will depanding in bank  
  
• The Bank is Controlled by Government.
  

Issues:

• Transaction Failed
  
• They can take their money from there account through Mobile.
  
• There is limit for Deposit and Withdraw.
  
• 2018 – 1600 – Crypoto currency
  

Bitcoin Ethereum Litcoin:

• Bitcoin limit is 21m

Advantages:

• Independent
  
• Little or Transaction fee
  
• Anyone can use
  
• International Transaction was fast
  
• No fees or less fess

Future:

• 2030 – 25% International currencies replacement
  
• More people accepting
  
• Less people not accepting
  

Top 8 International Facts:

• Block chain technology, it not be hack still now more secured.
  
• Anyone can create, if anyone know the block chain technology can create the crypoto currency.
  

Different types of coins:

• Vodka coin
• Garlic coin
• Cabbage coin

King of crypoto:

• Bitcoin and it was developed by Satoshi Nakamoto. Some all are saying that Samsung, Toshiba, nakamichi, Motorola.

Countries:

• Some countries are accepting but not for phone transaction.
  
• Some countries are fully bundled.
  
• Algoria
  
• Egypt
  
• Bolivia
  
• Cambodia
  
• Morocco
  
• Nepal

 

Presented By,

Guna

Banking Student

Magme School Of Banking