RRB NTPC 28 April 2016 Paper

(3) In 1874, notes were introduced by the Riksbank in denominations of 1 krona and 5, 10, 50, 100 and1000 kronor in Sweden. These were the first bank notes. Sweden is now the cashless nation on the planet, with barely 1% of the value of all the payments made using coins or notes last year and is planning to become world’s first cashless economy as soon as possible.