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2010 Points
Joined April 2010
THE One Rupee Note signifies one unit measure of currency note consisting of 100 paise which can be determined and decided by the Government of India ONLY. The RBI prints currency notes using this unit measure. for eg. if the RBI wants to print a Rs.5/- note, it has to accept the determined value of Rs.5/- as Re.1 X 5. Also as rupess is the currency of our country and only govt has the authority to issue indian currency it has been signed by ministry of finance, all other notes are bearer notes which are signed by governor.So when the note of 2 or more then that says that " I Promise to pey the bearer the sum of ----- rupees", it means that the note is actually a promisary note and will be paid using one rupee note or by coins.