We have a long history of money and coins circulating safely in our hands today as the most important raw material needed for human life. India has a long history of making money.
If you want to understand its history, you really have to go back several hundred years. Even more, we have to go back to BC or AD to learn about the history of money created worldwide and its ancient value.
Money has created a different kind of value in human life
Thus everyone knows the value of money which has formed a very close bond with human life. In India now we are using a lot of valuable money and coins.
For example, the value of a 10 rupee note may seem large to a student going to school, but the value of the same 10 rupee note may seem insignificant to adults. Money on hand is something, but it has created a different kind of value in every human life.
History of money crossing BC or AD
The prints on the banknotes in hand are all the same. But the need and use of these varies greatly from person to person.
Without going back to BC or AD to learn about the history of money, but we do not have time for that, we will know a little bit about the history of banknote from the history of banknote which was first printed in paper form in India. Then we go straight to the history of Zero Note.
Do you know when India’s first paper note was printed?
The first paper currency note in India was introduced in 1861 by the Government of India. It is noteworthy that the value of the first paper rupee note printed in India was 10 rupees.
Paper banknotes, originally printed on 10 rupee notes, began to expand in the following years into several notes of various denominations. It also increased its value in people’s lives. Currency notes have now gone up to over 2000 rupees.
If someone gave you a zero rupee note, what would you do?
Well, if someone gave you a zero rupee note, what would you do with it? First you will widen your eyes and stare at the zero on the rupee note.
Or, you may think that something is wrong with this rupee note or that it is worthless or that it is a counterfeit note. But, the work that these zero registered notes do in India is different. The truth is that you could not have even thought about this.
Do you know what is the biggest motive behind the zero rupee note?
If you get these zero rupee notes in your hand, keep it safe anymore. These zero rupee notes are not like the 10, 20, 50, 100 and more denomination 500 or 2000 rupee notes that you get in your hand everyday.
There is a huge scope for zero rupee note in India. You will be surprised at the public fact that you know it is not just paper. These zero rupee notes that you consider to be worthless stand up against corruption and injustice in India.
Zero rupee notes corresponding to 50 rupee notes
In India, the zero rupee note acts as a means of curbing bribery and overall political corruption.
These zero rupee notes are printed to resemble the standard 50 rupee notes of India. These Zero Rupee notes have been distributed among the people every month in India for over ten years. In fact, it is noteworthy that these were not printed by the Reserve Bank of India (RBI)
Who prints zero rupee notes in India?
If so, you are asking yourself who is printing this. These zero rupee notes are regularly printed and circulated by the NGO Five Pillar.
Five Pillar, a Tamil Nadu-based NGO, created the zero rupee note in 2007 to record refusal to accept bribes. Although it looks very similar to the 50 rupee note, the writing on it is anti-corruption.
