India admits defect in newly issued Rs 500 notes, creates more confusion among citizens

In what is yet another sign of India's unpreparedness in the aftermath of invalidating its most circulated cash, two variants of new currency notes have surfaced in the market, creating confusion among citizens. 
Days after people began reporting discrepancies in the newly issued Rs 500 note, the Reserve Bank of India has admitted of some printing errors. These errors are not only creating confusion among people, but also pose counterfeiting risks. 
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