RBI to put one-rupee notes in circulation

[Hindustani78]

February 14, 2015 03:50 IST

The Reserve Bank of India will soon put in circulation currency notes in one rupee denomination. The notes will be printed by the Government of India.

These currency notes are legal tender as provided in The Coinage Act 2011. The existing currency notes in this denomination in circulation will also continue to be legal tender.

The design of the One Rupee Currency Notes will be as under:

1. Obverse: will contain the words “भारत सरकार” above the words “Government of India” with the bilingual signature of Shri Rajiv Mehrishi, Finance Secretary and with the replica of New Rupee One coin with ` symbol of 2015 issued with ‘सत्‍यमेव जयते’ and capital insert letter ‘L’ in numbering panel. The numbering will be in black at right hand bottom portion of the note.
   
   
2. Reverse: will contain the words ‘भारत सरकार’ above the words “Government of India” with the year 2015 on the representation of One Rupee coin with ` symbol having floral design and the surrounding design will consist of the picture of ‘Sagar Samrat’ - the oil exploration platform and with the authentic rendering of value in fifteen Indian language in language panel and the year figure shown in the centre bottom in international number.
   
   
3. Overall Colour Scheme: The colour of one Rupee Currency Note will be predominantly pink green on obverse and reverse in combination with others
   

 

[T90TankGuy]

I still remember when i was i kid we could get one plate of chicken biryani for one rs.

Now if i could just go back in time with money i have today

 

[Hindustani78]

I still remember when i was i kid we could get one plate of chicken biryani for one rs.

Now if i could just go back in time with money i have today

You are talking about which year ?

 

[Tshering22]

What use will that be of?

Except for single pieces of chewing gum and probably help pay the autorickshaw, what else comes for Re 1? Nothing.

 

[Hindustani78]

What use will that be of?

Except for single pieces of chewing gum and probably help pay the autorickshaw, what else comes for Re 1? Nothing.

Pencil or Eraser i think even now comes in Re 1.

 

[navtrek]

Pencil or Eraser i think even now comes in Re 1.

nope its 3 and 4 rs

 

[Hindustani78]

nope its 3 and 4 rs

so what comes in 1 re ?

 

[Ind4Ever]

Who is buying stuff for 1 rupees . Now A days people don't even wait to get 5 rupees change if it take more times ...

 

[Hindustani78]

Who is buying stuff for 1 rupees . Now A days people don't even wait to get 5 rupees change if it take more times ...

Imagine everyone will use 1 Re note at Petrol pumps

 

[T90TankGuy]

You are talking about which year ?

1981 Delhi.

 

[Echo_419]

I still remember when i was i kid we could get one plate of chicken biryani for one rs.

Now if i could just go back in time with money i have today

Indeed 1950s were a great decade

 

[Ind4Ever]

Imagine everyone will use 1 Re note at Petrol pumps

Will be a headache if I get 10 1 rupees note for 10 rupees change ... No one cares about 5 rupees note . Most of 5 rupees notes will be in bad conditions. Caz no one care to maintain it like 10 20 50 100 500 1000 note

1981 Delhi.

Sir ji ... I don't think we will get Chicken Masala less than 150 atleast

 

[Hindustani78]

Will be a headache if I get 10 1 rupees note for 10 rupees change ... No one cares about 5 rupees note . Most of 5 rupees notes will be in bad conditions. Caz no one care to maintain it like 10 20 50 100 500 1000 note

May be in foreign currency trading.

1981 Delhi.

ah ok . i was toddler that time

 

[T90TankGuy]

Will be a headache if I get 10 1 rupees note for 10 rupees change ... No one cares about 5 rupees note . Most of 5 rupees notes will be in bad conditions. Caz no one care to maintain it like 10 20 50 100 500 1000 note


Sir ji ... I don't think we will get Chicken Masala less than 150 atleast

I meant in 1981 when i was young i used to get biryani for one rupee.

Indeed 1950s were a great decade

Late seventies and early eighties.

 

[JohnyD]

what is the need?