The conversation between human and AI assistant.
Why didn’t RBI introduce the plastic currency in India with the new 500 and 2000 notes?
Are there any drawbacks to using paper currency instead of plastic currency?
One of the main drawbacks of paper currency is that it tends to wear out more quickly, especially in a country like India where the climate can be harsh. Additionally, paper currency is more vulnerable to counterfeiting and easier to damage, such as through accidental tearing or burning.