RBI Soon circulate new pink-green Rupee 1 notes
- The Reserve Bank of India will soon circulate one rupee notes while the existing notes and coins will also continue.
- The new notes, which have been printed by the government, will be pink-green in colour with the representation of the one rupee coin on the reverse of the note.
- “These currency notes are legal tender as provided in The Coinage Act 2011,” RBI said in a release.
- The new notes will bear the bilingual signature of economic affairs secretary Shaktikanta Das.
- This move comes after the government introduced new Rs 500 and Rs 2000 notes in November, last year as part of its demonetisation drive.
- The note will have the watermark of Ashoka Pillar in the window.
- It will contain the words ‘Government of India’ and ‘भारत सरकार’ and have the replica of the new one rupee coin with the ‘₹’ symbol of 2017.
- ‘सत्यमेव जयते’, the words printed on all of India’s currency notes, will be featured as well.
- The notes will have the hidden numeral '1' in the centre and the hidden word 'Bharat' (in Hindi) vertically arranged on the right.
- An inset letter in capitals, ‘L’ will also be printed on the note.
- They will also feature a replica of new one rupee coin with ₹ symbol of 2017.
