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May 03, 2012

Printing of Currency Notes and Securities


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 Read about Money HERE >>
  • Currency Notes Press, Nasik Road - Denomination of Rs.1, 2, 4, 10 , 50 and 100.
  • Printing of 1, 2, 5, Notes Discontinued.
  • Bank Notes Press, Dewas (MP) : Rs 20, 50, 100, 500 and 1000.
  • Modernized currency notes Press at Mysore, Salboni (West Bengal)
  • Minting of Coins : Mumbai, Kolkata, Hyderabad, Noida (UP).
  • Indian Security Press, Nasik Road : Printing of Postal Stamps, Postal material, Judicial, Non-Judicial Stamps, Cheques, Bonds, NSCs, Indira Vikas Patra, Kisan Vikas Patra, Securities of States and PSUs.
  • Security Press Hoshingabad (MP) : Bank and Currency Notes Paper.
  • Security Printing Press Hyderabad (Established in 1982) : Printing of Court Fee Stamps, Commemorative Stamps, kisan Vikas Patra, NSS Certificates.
  • RBI is going to release plastic notes of Rs. 10.
  • Coins below 50 paise cease to be legal with effect from 30-06-11.
  • Symbol given to Indian Rupee  INR 
  • Oldest currency symbol is  £ (Pound Sterling) 8th Century AD.
  • "Smart Money" is a term used for "Credit Card"
  • "Piggy Banking" is a form of small savings account, popular among poor and Children.
  • Near Money also know as "Quasi - Money" is an asset which fulfills the store of value function and can readily be converted into medium of Exchange. 
    • Ex : Bill of Exchange, Treasury Bills, Bonds, Debentures...
    • "Demonetization" was done twice in India in 1946 and in 1978.
    • High powered Money (H-Money) = Demand deposits with Banks + Cash Held by the Public
Thats all for now friends. Tomorrow we shall discuss about Inflation.. Happy Reading...


  1. what abt 100rs coin?

    1. Those Coins too minted at the four India Government Mints at Mumbai, Alipore(Kolkata), Saifabad(Hyderabad), Cherlapally (Hyderabad) and NOIDA (UP)

  2. our indian rupee symbol was designed by Mr.udhaya kumar...

  3. I m working in Bank Note Press,Dewas and we don't print Rs.1000/- banknotes. It is printed in Currency Note Press,Nashik

  4. mam can u explain wat is plastic currency

    1. credit card is one of the example for plastic currency


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