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1 Rupee
| Issuer | Reserve Bank of India |
|---|---|
| Year | 1975-1982 |
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| Orientation | Medal alignment ↑↑ |
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| Obverse description | Central device features the Ashoka Lion Capital, the national emblem of India, depicted in relief. Three variants of the emblem are known: Type 1 exhibits toothless side lions with two to three rows of mane fur and a short, squat letter D in the Latin legend INDIA; Type 2 presents a more imposing Ashoka pedestal with side lions bearing three to four rows of fur and a more elegant, elongated D in INDIA; Type 3 is similar to Type 1 but the side lions show two visible teeth, four to five rows of mane fur, and a proportionally smaller lion head. The bilingual legend reads BHARAT in Devanagari script above and INDIA in Latin script below the emblem. |
|---|---|
| Obverse script | Devanagari, Latin |
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| Additional information |
The shift to copper-nickel for the Indian rupee in the mid-1970s came directly out of the global silver shortage that had been eroding the economics of coin production since the 1960s. India had already debased through multiple compositions in the preceding decades, and this alloy represented the government's attempt at a stable, cost-effective solution for a denomination that bore the heaviest circulation burden in the country's monetary system.
KM#78 encompasses a span of issues that saw India through the Emergency period declared by Indira Gandhi in 1975 and its turbulent political aftermath.