MUSEUM
Republic India Issues Throughout history, the right to Coinage and Currency and issues of sovereignty have been curiously conjoined, emotionally if not rationally. These issues stimulate debate even today. The transition of currency management from colonial to independent India was a reasonably smooth affair. Midnight, August 14, 1947 heralded Indian independence from colonial rule. The Republic, however, was established on 26th January, 1950. During the interregnum, the Reserve Bank continued to issue the extant notes. Government of India brought out the new design Re. 1 note in 1949. Government of India - Rupee One Rupees Ten - King's Portrait Rupees Ten - Ashoka Pillar Republic of India - Rupees Two Republic of India - Rupees Five Republic of India - Rupees Ten Republic of India - Rupees Hundred |
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