2019
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
India
|
|
|
China
|
|
|
Japan
|
|
|
UK
|
Detailed explanation-1: -The first use of paper currency was made in China back in the year 806 AD and the currency was called ‘Flying Currency’. Song Dynasty first issued real paper money in 1023. Then the most famous Chinese issuer Kublai Khan, a Mongol leader, issued the paper currency in the 13th century.
Detailed explanation-2: -Rupees Five - First Note issued by Reserve Bank of India This was followed by Rs 10 in February, Rs 100 in March and Rs 1,000 and Rs 10,000 in June 1938.
Detailed explanation-3: -Complete answer: The first paper currency note, i.e. the 10 rupees’ note was introduced by the Government of India in the year 1861. In the following years, many notes of different denominations were introduced. All these notes were issued by the Government of India.