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The national currency is Rupee. A
ten rupee note is shown above.
Do you know
The one rupee note (and coin) is
the only denomination that is truly Legal Tender. The one rupee note is
produced by the Government of India. All other higher denomination notes
are bank promissory notes issued by the Reserve Bank of India. On these
notes, if you read the promise carefully, you can see that the Reserve
Bank Governor promises to pay the holder of the note so many Indian
Rupees. The Indian Rupee (one rupee) is the only legal tender currency
and that is being produced by the Government of India. All other notes
are produced by the Reserve Bank of India. |
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