Government Releases Rupees One Currency Note

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By admin March 11, 2015 05:23 Updated

Government Releases Rupees One Currency Note

Mumbai

Currency Note of denomination Rs. 1 was released at Shrinathji temple in Nathdwara, Rajasthan, by Finance Secretary Rajiv Mehrishi.

This Currency Note is issued after a gap of over 21 year. The last Rs. 1 note was issued in 1994 which was signed by M. S. Ahluwalia.

Earlier last week, RBI had said that it will soon put into circulation one rupee currency notes and would be legal tender as provided in The Coinage Act 2011.

This Currency Note is signed by the Finance Secretary, while all other currency notes in India bear the signature of RBI governor. This will be the first Rupee One Note having Indian Currency Symbol of “रु”

This rupee one note is rectangular in shape having dimensions of 9.7 cm by 6.3 cm. It is made from 100 per cent (Cotton) Rag and having weight of 90 GSM (Grams per Square Meter) and thickness of paper in 110 microns. The watermarks Multi-tonal are Ashoka Pillar in the window without words ‘सत्‍यमेव जयते’, Hidden Word ‘भारत’ vertically arranged on right hand side and Hidden Numeral ‘1’ in the center.

Overall color scheme of the Rupee one currency note will be predominantly pink green on obverse and reverse in combination with others.

The Front of 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 Ru. 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.

The Back or 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 center bottom in international number.

admin
By admin March 11, 2015 05:23 Updated