1 rupee notes of year 1981 and 1988

One rupee 1988 Year Note

Year	1981
Pick	78a
Color	Blue, Brown, Pink and Deep Purple
Signature	R. N. Malhotra  * ( Secretary Ministry of Finance ) in Hindi and English
Watermark	Large Circular  watermark window with Askokan Pillar as watermark
Front of Banknote	One Rupee in Hindi in the centre. Front of 1 Rupee coin image on top right
Back of Banknote	'Sagar Samrat' offshore oil rig. Back of 1 Rupee coin image on top left side
Language panel	13 Regional language on back of the Banknote below coin image on left
Inset
Issued with Horizontal prefix	A - B - C - D - E - F - G - H
Size	96 X 63 mm

Among the earliest issues of paper rupees were those by the Bank of Hindustan (1770–1832), the General Bank of Bengal and Bihar (1773–75, established by Warren Hastings), the Bengal Bank (1784–91), amongst others.The Paper Currency Act of 1861 gave the Government the monopoly of note issue throughout the vast expanse of India, which was a considerable task. Eventually, the management of paper currency was entrusted to the Mint Masters, the Accountant Generals and the Controller of Currency.After Independence of India, the government brought out the new design Re. 1 note in 1949. Initially it was felt that the King's portrait be replaced by a portrait of Mahatma Gandhi. Finally however, the Lion Capital of Asoka was chosen. The new design of notes were largely along earlier lines. In 1953, Hindi was displayed prominently on the new notes.

The economic crisis in late 1960s led to a reduction in the size of notes in 1967. The  one rupee note of India is most unique in its nature .It doesnot bear the signature of The Governor of Reserve Bank of India but it is signed by the Finance secretary of India .In India, the Permanent Secretary - level civil servant, who plays a leadership role in the bureaucracy of the Finance Ministry is known as the Finance Secretary.The Reserve Bank of India began note production in 1938, issuing 2, 5, 10, 50, 100, 1000 and 10000 rupee notes, while the Government continued to issue 1 rupee notes.The one rupee  is not the actual legal tender of the country.  On one side of  the note we can see a large Circular  watermark window with Ashokan Pillar as watermark and one Rupee in Hindi in the centre. Front of 1 Rupee coin image on top right.The colour of the note is Blue, Brown, Pink and Deep Purple .The note is signed by R. N. Malhotra who lateron became a reserve bank governor .On the reverse side there is a image of  'Sagar Samrat' offshore oil rig and  back of 1 Rupee coin image on top left side. Production of 1 Rupee denomination was discontinued since March 1994 by Government of India.

One rupee 1988 Year Note

Year	1988
Pick	78Ac
Color	Blue, Brown, Pink and Deep Purple
Signature	S. Venkitaramanan  * ( Secretary Ministry of Finance ) in Hindi and English
Watermark	Large Circular watermark window with Askokan Pillar as watermark
Front of Banknote	One Rupee in Hindi in the centre. Front of 1 Rupee coin image on top right
Back of Banknote	Back of 1 Rupee coin image on left top side of the Banknote
Language panel	13 Regional language on back of the Banknote below coin image on left
Inset	' A '
Issued with Horizontal prefix	R - S - T - U - V
Size	96 X 63 mm