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About: Fake Indian currency note     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:SystemOfMeasurement113577171, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:WikicatCurrenciesOfIndiayago:Abstraction100002137yago:Currency113385913yago:Measure100033615yago:MediumOfExchange113372961yago:Standard107260623yago:SystemOfMeasurement113577171 New Facet based on Instances of this Class

Fake Indian Currency Note (FICN) is a term used by officials and media to refer to counterfeit currency notes circulated in the Indian economy. In 2012, while responding to a question in parliament, the Finance Minister, P. Chidambaram, admitted that there is no confirmed estimate of fake currency in India. However, several central and state agencies are working together, and the Ministry of Home Affairs has constituted the Fake Indian Currency Notes Co-ordination Center (FCORD) to curb this menace.