International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 4 July-August 2024 Submit your research before last 3 days of August to publish your research paper in the issue of July-August.
Submit Research Paper Join as a Reviewer

Plagiarism is checked by the leading plagiarism checker TurnItIn

Call for Paper

Volume 6 Issue 4
July-August 2024

Submit your research paper

Indexing Partners
Academia Advanced Sciences Index Bielefeld Academic Search Engine CiteSeer DRJI Google Scholar Independent Search Engine & Directory Network ISI (International Scientific Indexing) Issuu Mendeley Research Networks
RefSeek ResearcherId - Thomson Reuters ResearchGate Scirus Scribd Semantic Scholar UTeM - Universiti Teknikal Malaysia Melaka Wiki for Call for Papers WorldCat Zenodo

Comparative Analysis of Security Features in Banknotes Across Various Global Economies using VSC®-8000/HS

Author(s) Dr. Deepika Bhandari, Preet Kumar, Navpreet Kaur, Priya Sharma, Himanshu Khandekar, Jaswinder Singh Chouhan, Dr. Vivek Sahajpal
Country India
Abstract Background: Banknote counterfeiting is a serious issue. Every government adds various security elements to its banknotes to avoid forgery. The security measures inducted in the banknotes reduce the likelihood of counterfeiting. These are the unique elements that are incorporated during the production process. Paper quality, intaglio printing, watermarks, security threads, latent images, etc. are some of these unique properties. Every nation has a unique set of security characteristics. In the year 2016 India demonetized and recalled all of its highest denomination bank notes (Rs. 1000 and Rs. 500) in order to cease counterfeiting. Thereafter, there has been incorporation of various security features in the current Mahatma Gandhi series to make the currency standout with other international currencies, in order to reduce the chances of forgery as per the sections 489A-489E of Indian Penal Code, 1872.
Methods: Banknote samples were analyzed using the non-destructive Video Spectral Comparator 8000 (VSC®-8000/HS) by foster+freeman®. Each sample was placed in the live-camera unit with high- resolution 12-megapixel camera forming the part of Super Resolution Imaging (SRI) system. Front and back pictures of the banknotes were taken in white light. The samples were then examined under various illumination settings (Spot Light, Oblique Light, Transmitted Light, UV-light, and Infrared light) for both sides. Security features like Microprinting, Micro texting, Guilloche Pattern, OVI, Watermarks, etc., were studied.
Results: In the current research paper, the security characteristics of the banknotes of ten different countries are compared utilizing VSC®-8000/HS. Analysis reveals Thai Baht with the most security features, followed by Vietnamese Dong, Czech Koruna, Indian Rupees, and others. Notably, Indian banknotes stand out due to UV features, security thread, latent image, and strategic micro text placement.
Conclusions: This research paper recognizes the importance of security features in various banknotes including the Indian banknotes and also provides some of the recommendations to enhance the quality and security features in the Indian banknotes.
Keywords Counterfeiting, Banknote, Intaglio Printing, Watermarks, Microprinting, VSC®-8000/HS
Published In Volume 5, Issue 5, September-October 2023
Published On 2023-10-21
Cite This Comparative Analysis of Security Features in Banknotes Across Various Global Economies using VSC®-8000/HS - Dr. Deepika Bhandari, Preet Kumar, Navpreet Kaur, Priya Sharma, Himanshu Khandekar, Jaswinder Singh Chouhan, Dr. Vivek Sahajpal - IJFMR Volume 5, Issue 5, September-October 2023. DOI 10.36948/ijfmr.2023.v05i05.7717
DOI https://doi.org/10.36948/ijfmr.2023.v05i05.7717
Short DOI https://doi.org/gszvr9
View / Download PDF File

Share this


E-ISSN 2582-2160
CrossRef

CrossRef DOI is assigned to each research paper published in our journal.

IJFMR DOI prefix is
10.36948/ijfmr

Downloads
Research Paper Format Copyright Permission Form and Undertaking Form Cover Page Vol 6 Isu 4 Cover Page Vol 6 Isu 3 Cover Page Vol 6 Isu 2

All research papers published on this website are licensed under Creative Commons Attribution-ShareAlike 4.0 International License, and all rights belong to their respective authors/researchers.

CC-BY-SA Open Access

About IJFMR
Fees & Payment
Current Issue
Publication Archive 		Submit Research Paper
Track Submission Status
Publication Guidelines
Publication Ethics
Peer Review & Plagiarism 		Join as a Reviewer
Editors & Reviewers
Reviewer Referral Program
Get Reviewer Membership Certi. 		Website/Journal Policies
Usage Policy
Content Policies
Privacy Policy
Contact Us +91-9898-5948-55 editor@ijfmr.com