List of days of the year

01 January - Money Order system was introduced in India

 


The money order system was indeed introduced in India on 01 January 1880. This system was implemented by Warren Hastings, the then Governor-General of India, as a way to facilitate safe and convenient transfer of funds within the country. Money orders have historically played a crucial role in financial transactions, especially in regions where traditional banking services were not readily available. The introduction of the money order system marked a significant step in improving financial services and accessibility in India.

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