India

India's "Worthless" Zero Rupee Note

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.

Advertisement

Love getting smarter? Sign up for our newsletter to learn something new every day!

Share the knowledge!

Key Facts In This Video

  1. The word "buck" originates from a time when buckskins were used as currency. 00:39

  2. India's "worthless" zero rupee bank note serves as a tool of protest against bribery and corruption. 02:26

  3. The ridges on the sides of coins were originally intended to keep people from scraping bits of precious metal off the edges. 06:15

Advertisement