Indian 1995 One Rupee Note Has a Great Value
by Production of one Rupee denomination was discontinued since March 1994 by Government of India,because the life of a one rupee coin is much more than that of a one rupee paper note.
Production of 1 Rupee denomination was discontinued since March 1994 by Government of India,because the life of a one rupee coin is much more than that of a one rupee paper note.The notes available in the market of 1995 bearing the signature of S. Venkitaramanan are either fake or or are printed by mistake.Montek Singh Ahluwalia was Finance Secretary, Ministry of Finance, New Delhi from 16.03.93 to 19.08.98 and so the note if any should bear the signature of Montek Singh Ahluwalia.
S. Venkitaramanan was the eighteenth Governor of the Reserve Bank of India from 22 December 1990 to 22 December 1992.He was also Finance Secretary, Ministry of Finance, New Delhi in the year 1985 and all the one rupee notes of 1985 bears the signature of S. Venkitaramanan .So by mistake the notes of 1985 got printed as 1995,thats why these notes are very very rareand a huge price is associated with them.
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Post Commentthelyricwriter
On October 1, 2011 at 2:36 pm
Interesting article. I am not familiar with foreign currency, but I do collect coins and money, so thanks for sharing.
Ruby Hawk
On October 1, 2011 at 3:50 pm
Anyone lucky enough to get one of these should be very happy.
binyumanyun
On October 2, 2011 at 1:53 am
interesting..
ittech
On October 2, 2011 at 9:35 am
interesting post