Master of Mint at Bombay and F.D. Asooli, Controller of Printing and Stationery, Government of India, Delhi, were appointed to explore the feasibility of printing notes in India. Based on their report in 1924, the Government of India arranged to set up an experimental press. Also to test the possibility of security printing in India. During 1925-26, the Government decided to terminate the contract with the Bank of England for the printing of currency notes with effect from January 1, 1928. This was originally to expire in June
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