Why 1 Rupee Notes not issued by RBI?

[kediaclasses]

The issuance of the one rupee note by the Ministry of Finance instead of the RBI dates back to the British colonial period. Under the Coinage Act of 1906, the Government of India had the authority to issue coins, while the RBI was established later, in 1935, with the responsibility of issuing currency notes. The one rupee note continued to be issued by the Government as a token currency, likely due to historical precedence and its symbolic value, as it carries the national symbol and the signature of the Finance Secretary.

[shantanuagnihotri]

Reason toh bataya hi nahi
Sec 24 me RBI ko kyu 1 rupee note print karne ki power nahi di gayi?

[shantanuagnihotri]

Why 1rupee note is considered as promissory note

[rohitsharma]

Mentioned in rbi act sec 22 not in sec 24

[भारतसरकारपरिवार]

ये आदिवासी भारत सरकार की नोट हैं ईसे केवल भारत सरकार ही इसु करता हैं