These are the 'feared' security features of the Rs 2000 note

The all-new Rs 2,000 currency notes hitting the market today are rumoured to be quite hi-tech. Wonder what all technologies they are supposed to be embedded with GPS, nano-chip and camera, so claim the numerous messages doing rounds on WhatsApp.

The high-value Rs 2,000 note with GPS nano-chip embedded is supposed to track the notes' location. The messages claim that the signal reflector in these chips share the precise location of the note. It is said to be so strong that it can be tracked even if the notes are kept 100 meters below the ground.

Here's one of the WhatsApp message circulating:

Why RBI is issuing these 2000 Rupees Notes

The Rs 2,000 currency is designed keeping in mind to eradicate the black money issues using state of the art indigenous nano technology, every Rs. 2,000 currency note is embedded with a NGC (Nano GPS Chip).

How the embedded NGC Technology Works?

The unique feature of the NGC is it doesn't need any power source. It only acts as a signal reflector. When a Satellite sends a signal requesting location the NGC reflects back the signal from the location, giving precise location coordinates, and the serial number of the currency back to the satellite, this way every NGC embedded currency can be easily tracked & located even if it is kept 120 meters below ground level. The NGC cant be tampered with or removed without damaging the currency note.