Discover Intrigue facts about the Indian Bank Notes - PowerPoint PPT Presentation

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Discover Intrigue facts about the Indian Bank Notes

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Title: Discover Intrigue facts about the Indian Bank Notes


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Discover Intrigue facts about the Indian Bank
Notes
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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.

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  • 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 Indias Mars mission, the new 2000
    notes have motifs of Mangalyaan on their reverse
    sides. Mangalyaan was 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.

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  • 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.

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  • 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 Notes is torn more than 51
    percent, then it can be exchanged for a new note
    at a bank.
  •  
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