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1 Rupee
| Issuer | Government of India |
|---|---|
| Year | 2020 |
| Type | Log in to see details |
| Value | 1 Rupee |
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| Composition | Log in to see details |
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| Obverse description | The obverse carries the Lion Capital of the Asoka Pillar vignette at center, serving as the state emblem of India, with bilingual inscriptions in Devanagari and English identifying the issuing authority and denomination. The year of issue appears within the design, and a guilloche underprint fills the background field. The signature of the Secretary, Ministry of Finance is printed below the central vignette. |
|---|---|
| Obverse lettering | Log in to see details |
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| Reverse lettering | भारत सरकार GOVERNMENT OF INDIA ₹1 एक रुपया ONE RUPEE |
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| Comments |
The 1 Rupee note occupies an odd position in Indian currency — technically a government instrument rather than a Reserve Bank of India note, which is why it bears the Finance Secretary's signature rather than the RBI Governor's. This distinction has held since 1949 and makes the 1 Rupee the only paper denomination that never legally qualified as an RBI liability.
The series was discontinued in 1994 and revived in 2015 after a gap of over two decades, largely to address coin shortages in rural and semi-urban markets where 1 Rupee coins were routinely being hoarded or lost from circulation.