| Description | Bank print 250m 1 Rupee notes as an emergency measure for India Office against hoarding of silver coins for later bullion sales, after United States (US) purchases of silver force price from 19d to 35d and up to 48d, 1935; crisis passes, but Ordinance issued in Simla, 1940, provides for issue of these notes to supplement coin stock, whilst Indian Government gears up capacity of Indian mints. |