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		<title>500 Rupee Note: RBI replied on the matter of missing Rs 500 notes worth 18 thousand crores, said this on RTI</title>
		<link>https://www.rightsofemployees.com/500-rupee-note-rbi-replied-on-the-matter-of-missing-rs-500-notes-worth-18-thousand-crores-said-this-on-rti/</link>
		
		<dc:creator><![CDATA[Pravesh Maurya]]></dc:creator>
		<pubDate>Sun, 18 Jun 2023 07:16:39 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[FINANCE]]></category>
		<category><![CDATA[500 rupee Note]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[RBI's statement]]></category>
		<category><![CDATA[Reserve Bank of India]]></category>
		<category><![CDATA[RTI]]></category>
		<guid isPermaLink="false">https://www.rightsofemployees.com/?p=18181</guid>

					<description><![CDATA[<p>500 Rupee Note: The Reserve Bank of India (RBI) has denied those media reports in which it has been alleged that the 500 rupee notes issued from the mint have gone missing. According to RBI, these reports are not correct. Officials said that these reports are based on misinterpretation of information taken from the mint [&#8230;]</p>
<p>The post <a href="https://www.rightsofemployees.com/500-rupee-note-rbi-replied-on-the-matter-of-missing-rs-500-notes-worth-18-thousand-crores-said-this-on-rti/">500 Rupee Note: RBI replied on the matter of missing Rs 500 notes worth 18 thousand crores, said this on RTI</a> first appeared on <a href="https://www.rightsofemployees.com">Rightsofemployees.com</a>.</p>]]></description>
										<content:encoded><![CDATA[<p><strong>500 Rupee Note: The Reserve Bank of India (RBI) has denied those media reports in which it has been alleged that the 500 rupee notes issued from the mint have gone missing.</strong></p>
<p>According to RBI, these reports are not correct. Officials said that these reports are based on misinterpretation of information taken from the mint under the Right to Information Act, 2005. Keep in mind that all the bank notes supplied from the mint to the RBI are properly accounted for.</p>
<p><strong>RBI&#8217;s statement on missing note</strong></p>
<p>On behalf of the RBI, it was said that it should also be noted that there are strong systems in place for matching the banknotes printed at the mint and supplied to the Reserve Bank of India, which include protocols for monitoring the production, storage and distribution of banknotes. It is an appeal to rely on the information issued by RBI from time to time in such cases.</p>
<p><strong>RBI&#8217;s decision on notes</strong></p>
<p>It is noteworthy that earlier on May 19, RBI had decided to withdraw Rs 2000 notes from circulation. However, it was also said that the 2000 note will remain legal tender. However, RBI has directed banks to stop issuing Rs 2000 notes with immediate effect. People who have 2000 rupee notes can exchange or deposit them by going to the bank and regional branch of RBI. On the other hand, people who do not have a bank account can go to any bank branch and exchange Rs 2,000 notes up to Rs 20,000 at a time.</p>
<p><strong>currency exchange deadline</strong></p>
<p>Let us tell you that for the purpose of completing this exercise in a time-bound manner and giving enough time to the public, September 30 has been fixed as the last date. However, depending on the situation going forward, RBI may consider the deadline of September. 2000 note was issued in November 2016 and after about 7 years it was taken out of circulation.</p>
<p>&nbsp;</p><p>The post <a href="https://www.rightsofemployees.com/500-rupee-note-rbi-replied-on-the-matter-of-missing-rs-500-notes-worth-18-thousand-crores-said-this-on-rti/">500 Rupee Note: RBI replied on the matter of missing Rs 500 notes worth 18 thousand crores, said this on RTI</a> first appeared on <a href="https://www.rightsofemployees.com">Rightsofemployees.com</a>.</p>]]></content:encoded>
					
		
		
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		<item>
		<title>Consumer Rights in India</title>
		<link>https://www.rightsofemployees.com/consumer-rights-in-india/</link>
					<comments>https://www.rightsofemployees.com/consumer-rights-in-india/#comments</comments>
		
		<dc:creator><![CDATA[Rightsofemployees]]></dc:creator>
		<pubDate>Mon, 29 Jan 2018 02:56:49 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[consumer]]></category>
		<category><![CDATA[consumer rights]]></category>
		<category><![CDATA[india]]></category>
		<category><![CDATA[law]]></category>
		<category><![CDATA[right to consumer]]></category>
		<category><![CDATA[RTI]]></category>
		<guid isPermaLink="false">https://www.rightsofemployees.com/?p=121</guid>

					<description><![CDATA[<p>Consumer Right &#160; Right to Safety Means right to be protected against the marketing of goods and services, which are hazardous to life and property. The purchased goods and services availed of should not only meet their immediate needs, but also fulfill long term interests. Before purchasing, consumers should insist on the quality of the [&#8230;]</p>
<p>The post <a href="https://www.rightsofemployees.com/consumer-rights-in-india/">Consumer Rights in India</a> first appeared on <a href="https://www.rightsofemployees.com">Rightsofemployees.com</a>.</p>]]></description>
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<div class="container">
<h3>Consumer Right</h3>
<p>&nbsp;</p>
</div>
</div>
<div class="dt-sc-one-column">
<h3>Right to Safety</h3>
<p class="rights_sty">Means right to be protected against the marketing of goods and services, which are hazardous to life and property. The purchased goods and services availed of should not only meet their immediate needs, but also fulfill long term interests. Before purchasing, consumers should insist on the quality of the products as well as on the guarantee of the products and services. They should preferably purchase quality marked products such as ISI, AGMARK, etc</p>
<h3>Right to be Informed</h3>
<p class="rights_sty">Means right to be informed about the quality, quantity, potency, purity, standard and price of goods so as to protect the consumer against unfair trade practices. Consumer should insist on getting all the information about the product or service before making a choice or a decision. This will enable him to act wisely and responsibly and also enable him to desist from falling prey to high pressure selling techniques.</p>
<h3>Right to Choose</h3>
<p class="rights_sty">Means right to be assured, wherever possible of access to variety of goods and services at competitive price. In case of monopolies, it means right to be assured of satisfactory quality and service at a fair price. It also includes right to basic goods and services. This is because unrestricted right of the minority to choose can mean a denial for the majority of its fair share. This right can be better exercised in a competitive market where a variety of goods are available at competitive prices</p>
<h3>Right to be Heard</h3>
<p class="rights_sty">Means that consumer&#8217;s interests will receive due consideration at appropriate forums. It also includes right to be represented in various forums formed to consider the consumer&#8217;s welfare. The Consumers should form non-political and non-commercial consumer organizations which can be given representation in various committees formed by the Government and other bodies in matters relating to consumers</p>
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<h3>Right to Seek Redressal</h3>
<p class="rights_sty">Means right to seek redressal against unfair trade practices or unscrupulous exploitation of consumers. It also includes right to fair settlement of the genuine grievances of the consumer. Consumers must make complaint for their genuine grievances.Many a times their complaint may be of small value but its impact on the society as a whole may be very large. They can also take the help of consumer organisations in seeking redressal of their grievances.</p>
<h3>Right to Consumer Education</h3>
<p class="rights_sty">Means the right to acquire the knowledge and skill to be an informed consumer throughout life.Ignorance of consumers, particularly of rural consumers, is mainly responsible for their exploitation. They should know their rights and must exercise them. Only then real consumer protection can be achieved with success.</p>
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<p>Source:ncib.in</p><p>The post <a href="https://www.rightsofemployees.com/consumer-rights-in-india/">Consumer Rights in India</a> first appeared on <a href="https://www.rightsofemployees.com">Rightsofemployees.com</a>.</p>]]></content:encoded>
					
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