Common

Indian 1-rupee note

Smallest value Indian banknote

Indian 1-rupee note

Common card · No. 306558

The Indian 1-rupee note (₹1) is made up of hundred 100 paise as ₹1 = 100 paise. Currently, it is the smallest Indian banknote in circulation and the only one being issued by the Government of India, as all other banknotes in circulation are issued by the Reserve Bank of India. As a result, the one rupee note is the only note bearing the signature of the Finance Secretary and not the Governor of the RBI. Predominantly pinkish green paper is used during printing. First introduced on 30 November 1917 during British Raj, the ₹1 note was initially used to conserve metal during World War I. Its production was discontinued in 1926 but resumed in 1940, continuing through post-independence India until 1994, when printing was halted again due to cost concerns. After a hiatus of more than 20 years, the Government of India reintroduced the one-rupee note on 5 March 2015, with the first release occurring at the Shrinathji Temple in Rajasthan. The reintroduced note bore the signature of then-Finance...

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