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Zero Rupee Note

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221–230 of 241 posts

Re: Zero Rupee Note

#221

Earlier quoted context omitted.

Arguably it could be nullified if the payment isn't legal due to being for zero value. Under UCC §3-104, a check is only a negotiable instrument if it's an unconditional order. UCC §3-103 defines an order as "a written instruction to pay money signed by the person giving the instruction." So, to answer the original question - I don't think a zero-amount check is legally a check because it's not a written instruction…

Hm. Is $0 not an amount of money?

is "0" ~= NaN ~= []

?

Re: Zero Rupee Note

#223

> One autorick-shaw driver was pulled over by a policeman in the middle of the night who said he could go if he was "taken care of". The driver gave him the note instead. The policeman was shocked but smiled and let him go. Too good to be true. On another note, what people usually do (when they are asked a bribe) is to notify the vigilance officer. The vigilance department provides marked original currency notes powd…

It is too good to be true, police would have smashed him just out of ego

But it's true because I have seen it in action and spoke to real people benefiting from it. I volunteered for 5th Pillar from 2007 to around 2014 or so. It mostly works because more often the police don't prefer to mess with anyone who might be associated with any group (political party or activist or religious or anything else). You would even see cars often hoisting a flag from a political party or some organization. Some people wear dress (dhoti) that are lined with their party's flag to indicate that they are affiliated with that political party. The police (especially the traffic cops on the roads) have enough problems and want to prey on only the weakest ones, hence better not to mess with someone who could potentially fight back, bring some media attention and worse, transfer them to a remote place.

Re: Zero Rupee Note

#224
post #105

That reminds me of when my university kept sending me a $0 bill every month after I graduated. They kept sending them, so eventually I wrote a $0 check and sent it back in the business-reply envelope. I guess they were happy I had paid my bill because they finally stopped sending them.

I once read a similar apocryphal narrative. Someone, kept receiving 0$ credit card bills and the company sent repeated reminders with warnings. The person called, sent letters to discuss the situation but to no avail. The person finally gave up and wrote a 0$ check and they stopped sending letters. However, it led to a computer systems crash as the credit card company software encountered a "Divide by Zero" error due…

I receive $0 bills from some sources, and while they don't keep sending them, my bank's website (CapitalOne) does keep reminding me about it as an unpaid bill.

And it won't let me pay $0. I have to mark it as "I paid it myself, outside of your system". That makes it shut up.

Re: Zero Rupee Note

#225

Earlier quoted context omitted.

> I find it surprising how we have a functioning society with such underfinanced and overworked police, even in the well to do urban areas. At the risk of being downvoted, I feel compelled to offer a foreigner's perspective here. As a foreigner who has lived in Bangalore, Mysore, Hyderabad, and Mumbai for 2 to 6 months many times, I have to agree with the other commenter that I did not find a functioning society. Thi…

I was intrigued by your Eunuch comment, did some more digging, very interesting. http://thingsasian.com/story/eunuchs-indias-third-gender

I recently watched a Youtuber visiting India who witnessed these guys dressed as women and going from store to store, asking for money after clapping. It was puzzling. Anyway, this article explains what was going on.

Re: Zero Rupee Note

#226
post #37

Earlier quoted context omitted.

Someone has gone to prison for trying to pass off one-sided copies of actual currency? Seems pretty unlikely to me. Would be interested in reading about an actual case of this happening.

> Seems pretty unlikely Why? The example from Piskvorrr is textbook violation of 18 U.S.C. 473: (paraphrasing here) Handing out fake money with the intent that it believed to be real is a crime. https://www.law.cornell.edu/uscode/text/18/473

Late reply here, but I was referring to the one-sided aspect. Just seems unlikely to me that someone would realistically intend for a one-sided copy of currency to be believed as real. Just seems like the threshold for printing both sides is so low that anyone who only printed one side must not really be intending for it to be taken as real, at least not for very long.

Re: Zero Rupee Note

#227
How come most of the western countries have only little corruption? How come they did not catch the fever of corruption when previous generations practiced such crimes as slavery and colonialism? Does Judie-Christianity look down on corruption because it destroys ones own society while it is okay with slavery and colonialism because it destroys other societies?

Re: Zero Rupee Note

#228
post #227

How come most of the western countries have only little corruption? How come they did not catch the fever of corruption when previous generations practiced such crimes as slavery and colonialism? Does Judie-Christianity look down on corruption because it destroys ones own society while it is okay with slavery and colonialism because it destroys other societies?

The correlation between Judeo-Christianity and lack of corruption is negligible. There are plenty of Christian countries with endemic corruption, and several non-Christian countries without (Japan comes to mind).

The correlation between countries which do not pay their civil servants a living/middle-class wage and corruption is a much better direction for your suppositions.

Re: Zero Rupee Note

#229
post #228
post #227

How come most of the western countries have only little corruption? How come they did not catch the fever of corruption when previous generations practiced such crimes as slavery and colonialism? Does Judie-Christianity look down on corruption because it destroys ones own society while it is okay with slavery and colonialism because it destroys other societies?

The correlation between Judeo-Christianity and lack of corruption is negligible. There are plenty of Christian countries with endemic corruption, and several non-Christian countries without (Japan comes to mind). The correlation between countries which do not pay their civil servants a living/middle-class wage and corruption is a much better direction for your suppositions.

Yes, I think that is a better way to understand it. Thank you.

Re: Zero Rupee Note

#230
post #147

Earlier quoted context omitted.

> India is all about reselling things we don't make Boy, you are a downer! Things are not the best, but they're not all bad either. Here are some important things India makes: 1. Movies - it has the largest (by number of productions) film industry in the world, and third largest by revenue (admittedly the latter is expected and it's third by a fair distance) 2. Satellite launch services - Antrix corporation, run by t…

Correct. You just proved what the CTO said, We are experts at replicating X at scale, once some one originally produces X. We didn't invent the video camera, or modern studio tech, or internal combustion engine, even rocket tech, electricity, electronics, medicinal sciences, metallurgy or anything for that matter. Heck we didn't even invent the ball point pen. We replicate and resell things, we kind of have to, becau…

> We live in a country where the government rolls out schemes for daily labor occupation, to keep them busy by helping them dig with shovels

You mean like this? https://en.wikipedia.org/wiki/Civilian_Conservation_Corps

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