Saturday 10 September 2011

Old ten rupee note of India


Old ten rupee note of India
The most commonly used symbols for the rupee are Rs., or as Re. or रू or ரூ(tamil) orరూ. (Telugu).
In 1861, the Government of India introduced its first paper money, 10 rupee in 1864, 5 rupees in 1872, 10,000 rupees in 1899, 100 rupees in 1900, 50 rupees in 1905, 500 rupees in 1907 and 1000 rupees in 1909. In 1917, 1 and 2½ rupees notes were introduced.
The Reserve Bank of India began note production in 1938, issuing 2, 5, 10, 50, 100, 1000 and 10000 rupee notes, while the Government continued to issue 1 rupee notes.Rs.10, Rs.20, Rs.50 and Rs.100 notes issued earlier and which are still in circulation contain the Ashoka Pillar watermark and Ashoka Pillar effigy.It is a 10 rupee note which was in circulation from 1957 to 1962.The size of the note is large compared to our contemporary notes.The dimension of this note is  146x83mm .One main thing missing from this Indian banknote is the image of  Mahatma Gandhi .This is because   the Mahatma Gandhi  series began in 1996.In all the Indian banknotes before 1996 one will find the "Ashoka Sthamba" in place of the image of  Mahatma Gandhi.The watermark symbol is also the Ashoka Sthamba  in place of  Mahatma Gandhi..All the banknotes except the one rupee note bear the signature of The governor of The Reserve Bank of India.This banknote has been signed by the then Governor of RBI  Mr. P. C. Bhattacharya.On the reverse side of the banknote is depicted a sailing boat (A dhow ) and below the boat the logo of RBI is shown.The word "ten Rupees" is written in 13 languages.An island is seen behind the sailing boat .The idea conveyed by the sailing boat in the sea  is very difficult to guess.Maybe India was a paradise for ancient sailors maybe a reason for depicting this scene .The notes having smaller dimensions replaced the notes that is shown here this was done for economic reasons, to reduce the cost of paper and printing costs, it also  helped in bringing the notes to a handy size.

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