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The Story of Paper Currency in India
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Paper currency has been part of our lives for well over a century. Despite handling it frequently, we know so little about it. This book demystifies paper currency in a short and simple narrative. This is a story of how currency notes come into existence, lead eventful lives and ultimately leave this world, just as we humans do. It also tells how the notes have been changing over time. While doing so, it unravels many interesting facets of paper currency. For instance, do you know that the first Governor of the Reserve Bank of India did not sign any banknotes? Or that if a note is torn or a po...
Paper currency has been part of our lives for well over a century. Despite handling it frequently, we know so little about it. This book demystifies paper currency in a short and simple narrative. This is a story of how currency notes come into existence, lead eventful lives and ultimately leave this world, just as we humans do. It also tells how the notes have been changing over time. While doing so, it unravels many interesting facets of paper currency. For instance, do you know that the first Governor of the Reserve Bank of India did not sign any banknotes? Or that if a note is torn or a portion thereof is missing, you can still get full value for it from your bank? Or that the One Thousand Rupee note has been demonetized three times? Or that the numerical value in words of an Indian currency note is mentioned on it in 17 languages? And many, many more! Today, when currency is on the verge of getting a new avatar in the form of digital currency, it is time to look back and enjoy the fascinating life and times of paper currency in India. For those embarking on this journey, here's wishing them Bon Voyage!
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