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Discover Intrigue facts about the Indian Bank Notes with detailed information on Mintage World through this PPT.
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The Ministry of Finance issued the "One rupee note", and it is the only note that bears the signature of the secretary. In the year 1938, The Reserve Bank of India had printed currency notes with a denomination of Rs 5,000 and 10,000 but they were demonetized in 1946 but were reintroduced in 1954. But the year 1978 saw the last of these Indian Bank Notes as they were again demonetized. During the 18th century, private banks namely the Bank of Hindustan, Bank of Bengal and Bank of Madras were authorized to print currency notes. But after the paper currency act was passed in 1861, the government of India had the monopoly to print notes.
The image of Mahatma Gandhi was not hand drawn, it was a copy of a photo. The smiling photo of Gandhiji was later printed on Indian Bank Notes. To celebrate India’s Mars mission, the new 2000 notes have motifs of Mangalyaan on their reverse sides. Mangalyaanwas the first satellite into orbit around Mars. D. Udaya Kumar designed the rupee symbol in 2010. The symbol is a combination of Devnagiri and Latin script for letter ‘RA’.
500 rupee notes and 1000 rupee notes were first introduced in 1987 and 2000. In our present times, the Reserve Bank of India issues Bank Notes of India in denominations from Rs 5 to Rs 2000. Other than Hindi and English, the currency appears in fifteen different languages on the reverse of the note.
The Indian currency have Braille signs to help the visually challenged to identify them. After partition, Pakistan used Indian Rupee notes stamped with 'Pakistan'. If a Indian Bank Notesis torn more than 51 percent, then it can be exchanged for a new note at a bank.
