Question

what is money ?who introduced the paper money in india?​

Answer 1

Answer:

The government of India printed currency until the Reserve Bank of India was established in 1935, which then took up this responsibility to print currency. In 1938, India started printing banknotes of Rs 10,000 denominations. The 5 Rupee note was the first paper currency issued by RBI in January 1938.

Answer 2

Explanation:

In 19th century the Britishers introduced paper money into the subcontinent. The Paper Currency Act of 1861 gave the Government the monopoly of note issued throughout the vast expanse of British India.

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