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Wednesday, 31 May 2017

New pink-green one rupee notes to be in circulation soon


The Reserve Bank of India will soon put into circulation currency notes in one rupee denomination. New one rupee notes with predominantly pink-green on obverse and reverse in combination with other colours will be soon put into circulation.The notes bearing the rupee symbol have been printed by the Government of India.

At present, one rupee coins are minted. Printing of one rupee notes was discontinued in 1994 but was relaunched in 2015.The note will bear signature of Shaktikanta Das, Secretary in the Ministry of Finance. The numbering will be in black at right hand bottom portion of the note. 

On the reverse side, the year ‘2017’ is mentioned. There is also a representation of One Rupee coin with rupee symbol having floral design and the surrounding design consists of the picture of ‘Sagar Samrat’ the oil exploration platform.

Economic Affairs Secretary Shaktikanta Das has recently announced his retirement as the Corporate Affairs Secretary. He will be succeeded by Tapan Ray.

Static Takeaways for SBI PO Mains Exam-
  • BP Kanungo is the New Deputy Governor of RBI after replacing of R Gandhi
  • Urjit Patel is the 24th Governor of RBI and its headquarter is in Mumbai
  • RBI was nationalised in 1949.
Source- The Indian Express

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