Mumbai, Jan 28 (PTI) Reserve Bank Governor Raghuram Rajan today said the withdrawal of pre-2005 notes is not intended to check black money but to prevent counterfeiting.
"It is not intended to get at black money, tax evasion etc. I am not saying those are good things. This is technical action, in order to withdraw notes which have fewer security features than new notes," Rajan said in a media briefing after announcement of third quarter monetary policy review.
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