5 Interesting Facts about 1 rupee notes of India from 1917-2017. 100 years of One rupee note.
The last hundred years — the first note was introduced on November 30, 1917, with the photo of King George V — have been all but tumultuous for this creation.
The Reserve Bank website says its issuance was discontinued first in 1926 on “cost benefit considerations”. It got reintroduced in 1940, only to be discontinued in 1994 again. The little note got back again in 2015.
The first note had the signature of three British finance secretaries — MMS Gubbay, AC McWatters and H Denning — and every note is signed by the finance secretary, including 18 since Independence, he added.
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