General Knowledge - Indian Economy - Discussion
Discussion Forum : Indian Economy - Indian Economy (Q.No. 67)
67.
Paper currency first started in India in
Discussion:
13 comments Page 1 of 2.
Suri said:
1 decade ago
In 1861, the government of India introduced its first paper money: 10 notes in 1864, 5 notes in 1872, 10,000 notes in 1899, 100 notes in 1900, 50-rupee notes in 1905, 500-rupee notes in 1907 and 1000-rupee notes in 1909.
SANTOSH KUMAR SUMAN said:
1 decade ago
The history of the rupee traces back to 15th century, when the first "rupee" is believed to have been introduced by Sher Shah Suri (1486-1545) , based on a ratio of 40 copper pieces (paisa) per rupee.
Animesh hazarika said:
7 years ago
If in the question it isn't mentioned about the government starting it, so the answer will be 1542. And if the question be like when did it first started then the answer will be 1861.
Pragnesh Rana said:
7 years ago
Sher Shah Suri first started rupee in India & In 1861 Indian government first started paper currency (5 rupees note) in India so that 1861 is the right answer.
(1)
Reshma said:
1 decade ago
Which year currency note issued in India first neither 1542 nor 1861? Which year is correct?
Surendra said:
1 decade ago
Paper currency started in India in 1962 and currency starts in 1542 by sher shah suri.
Manoj said:
1 decade ago
Who started the paper currency in circulation?
Rajesh said:
1 decade ago
Before that india was using Bartery System.
Raj said:
1 decade ago
Kenin starts first currency note in India.
Sanam said:
9 years ago
1542 is the correct answer. I also agree.
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