Examveda

Paper currency first started in India in

A. 1861

B. 1542

C. 1601

D. 1880

Answer: Option A

Solution (By Examveda Team)

The Paper Currency Act of 1861 gave the Government the monopoly of note issued throughout the vast expanse of British India.

This Question Belongs to General Knowledge >> Indian Economy

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Comments (4)

  1. Arun Kumar
    Arun Kumar:
    7 years ago

    When was paper currency first started in India.?
    1)1542. 2)1611.
    3)1705. 4)1801.

  2. Arindam Das
    Arindam Das:
    8 years ago

    1861 lord canning started it.

  3. Mir Shahid
    Mir Shahid:
    9 years ago

    can anyone give the Most appropriate answer of the above question

  4. Mir Shahid
    Mir Shahid:
    9 years ago

    Confused in 1542 and 1861

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