Today’s “Phrase of the Day” is “in pursuance of“ and its meaning is “in order to do/achieve something; in order to do what is needed by something; in accordance with, in fulfilment of”.
Example Sentence: The Reserve Bank of India (RBI) on May 19 decided to withdraw ₹2,000 denomination banknotes from circulation in pursuance of its “Clean Note Policy”. However the ₹2,000 notes will continue to be legal tender. A similar withdrawal of notes from circulation was undertaken in 2013-2014. In a reminder of the demonetisation days when the banking channel was overwhelmed by the massive crowd thronging (packing) into the branches to exchange banknotes, the decision to withdraw ₹2,000 notes is also likely to strain the system besides creating anxiety and inconvenience to the public.
This phrase is present in RBI to pull out ₹2,000 notes from active circulation and click here to read it.
Courtesy: The Hindu
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