In the 19th century, the British introduced paper money into the subcontinent. The Paper Currency Act of 1861 gave the Government the monopoly of notes issued throughout the vast expanse of British India, which was a considerable task.
In the 19th century, the British introduced paper money into the subcontinent. The Paper Currency Act of 1861 gave the Government the monopoly of notes issued throughout the vast expanse of British India, which was a considerable task.