Q. In which was the paper currency first introduced in India ?

A
1830
B
1910
C
1861
D
1896
Solution:
  • The first Indian currency note was introduced by the Government of India and not by the Reserve Bank of India.

  • The Reserve bank of India took over the task of issuing currency notes in 1938.

  • Currently, the currency notes that are in circulation are known as the Mahatma Gandhi Series of currency notes. They were introduced in 1996.

  • The first notes printed in this series were the 10 rupees and the 500 rupees notes.

  • All bank notes of this series have the amount written on it in 17 different languages.

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