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Tuesday 21 May, 2024
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Rs.75 banknote issued in honour of Pakistan’s diamond jubilee

BY Farhan Khan Sep 29, 2022. 05:00 pm UPDATED: Sep 29, 2022. 06:07 pm

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On Thursday, the State Bank of Pakistan (SBP) formally released a commemorative banknote worth 75 rupees to mark the country’s 50th anniversary of independence.

It is important to note that, according to a statement released by SBP on Thursday, the design of the aforementioned commemorative banknote was already revealed on August 14, 2022, during a ceremony held here at SBP headquarters.

The commemorative banknote was designed to honour the national leaders who played a courageous and crucial part in Pakistan’s founding.

In addition, the banknote features the likenesses of Quaid-e-Azam Muhammad Ali Jinnah, Allama Sir Muhammad Iqbal, Mohtarma Fatima Jinnah, and Sir Syed Ahmed Khan, who are thought to be the key architects of the subcontinent’s first independent Muslim state.

The public will be able to purchase the commemorative banknote starting tomorrow at SBP BSC offices and Commercial Banks’ branches (Friday).

 

According to Section 25 of the SBP Act of 1956, this banknote is accepted as lawful money for all transactions throughout Pakistan.

The aforementioned commemorative note was just released, 25 years after the first of its sort was released in 1997 to commemorate the nation’s 50th anniversary of independence.

In addition, the motifs and conceptions for both the front and reverse sides of the currency were produced by SBP and local artists.

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The back of the banknote emphasises Pakistan’s commitment to combating climate change and its effects on the nation in light of the catastrophic loss brought on by recent torrential rains and flooding in many areas of Pakistan. This is done in an effort to raise awareness of the issue.

Portraits of Founders

For the Front of the Banknote, the State Bank of Pakistan selected personalities, who were instrumental in elucidating, shaping and supporting the struggle for independence. For this purpose, the portraits of Quaid-e-Azam Muhammad Ali Jinnah, Sir Syed Ahmed Khan, Allama Muhammad Iqbal, Mohtarma Fatima Jinnah were selected to represent the founding fathers’ struggle for independence.

Sir Syed Ahmed Khan

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Sir Syed Ahmed Khan was one of the most prominent Muslim reformers and educationists of South Asia, he advocated modern education and reforms in Muslims’ outlook so as to enable them to survive and flourish in the changing environment. He laid the foundation for freedom with Aligarh Movement and establishment of the Aligarh University. He is also considered to be the pioneer of the Two-Nation theory and Muslim nationalism in the Sub-continent.

Picture Credit: From the collections of National Archives

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Allama Muhammad Iqbal
The philosophical underpinning for a separate Muslim identity was provided by the Poet-Philosopher, Allama Muhammad Iqbal, who reminded Muslims of their latent potential and first proposed the idea of a separate Muslim homeland in the Sub-continent.

Picture Credit: From the collections of National Archives

Quaid-e-Azam Muhammad Ali Jinnah
The struggle for independence was headed ably and brought to a fruitful conclusion by Quaid-e-Azam, who thereafter became the face of the nation and the symbol of its unity.

Picture Credit: The photograph of the Quaid-e-Azam used for the banknote is from the rare collection of Mr. Z.D. Barni (Agha Zaiuddin Barni), who was the official photographer for the Quaid-e-Azam during his time as Governor General.

Mohtarma Fatima Jinnah
Quaid-e-Azam was supported unfailingly by Mohtarma Fatima Jinnah, whose presence on the banknote serves as a reminder and acknowledgement of the role of women in the freedom movement and the singular price paid by them both during the struggle and immediately following independence.

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