Zero rupee notes were first distributed by the non-profit organization 5th Pillar in 2007. Today, more than 2.5 million of the notes are in use across India. The notes are meant to be a non-violent form of protest against bribery and corruption, and so far, they seem to be very successful. Stories of their use typically describe a citizen handing the note to a corrupt official, who becomes flustered and doesn't pursue a bribe any further.
Share the knowledge!
Key Facts In This Video
The word "buck" originates from a time when buckskins were used as currency. 00:39
India's "worthless" zero rupee bank note serves as a tool of protest against bribery and corruption. 02:26
The ridges on the sides of coins were originally intended to keep people from scraping bits of precious metal off the edges. 06:15
Wake up with the smartest email in your inbox.
Our Best Articles Daily