query: when was the indian rupee devalued for the first time

pos: History of the rupee of these denominations in the 1990s. Since its Independence in 1947, India has faced two major financial crises and two consequent devaluations of the rupee: In 1966 and 1991. A summary of the decimalisation of the Rupee: The price of 16 Annas is 05 rupee in 1947. The demand for decimalisation existed for over a century. Sri Lanka decimalised its rupee in 1869. The "Indian Coinage Act" was amended in September 1955 for the adoption of a decimal system for coinage. The Act came into force with effect from 1 April 1957. The rupee remained unchanged in value and nomenclature.

pos: Rupee Gulf rupee was legal tender until 1966, when India significantly devalued the Indian rupee and a new Qatar-Dubai riyal was established to provide economic stability. In East Africa, Arabia, and Mesopotamia, the rupee and its subsidiary coinage was current at various times. The usage of the rupee in East Africa extended from Somalia in the north, to as far south as Natal. In Mozambique, the British India rupees were overstamped, and in Kenya, the British East Africa Company minted the rupee and its fractions, as well as pice. The rise in the price of silver immediately after the First World

pos: Gulf rupee government in 1959 as a replacement for the Indian rupee for circulation exclusively outside the country. At the time, the Indian rupee was pegged to the British pound at a rate of 13⅓ rupees = 1 pound. Two states, Kuwait and Bahrain, replaced the Gulf rupee with their own currencies (the Kuwaiti dinar and the Bahraini dinar) after gaining independence from Britain in 1961 and 1965, respectively. However, even today, in Bahrain, 100 fils (one tenth of a Bahraini dinar) are referred to in Arabic as a "rupee" or "rubiya" () in common parlance. On 6 June 1966, India devalued

pos: Indian rupee replacement for the Indian rupee for circulation outside the country with the Reserve Bank of India (Amendment) Act of 1 May 1959. The creation of a separate currency was an attempt to reduce the strain on India's foreign reserves from gold smuggling. After India devalued the rupee on 6 June 1966, those countries still using it – Oman, Qatar, and the Trucial States (which became the United Arab Emirates in 1971) – replaced the Gulf rupee with their own currencies. Kuwait and Bahrain had already done so in 1961 with Kuwaiti dinar and in 1965 with Bahraini dinar, respectively. The

pos: Qatari riyal Qatari riyal The Qatari riyal is the currency of the State of Qatar. It is divided into 100 dirhams () and is abbreviated as either QR (English) or (Arabic). Until 1966, Qatar used the Indian rupee as currency, in the form of Gulf rupees. When India devalued the rupee in 1966, Qatar, along with the other states using the Gulf rupee, chose to introduce its own currency. Before doing so, Qatar briefly adopted the Saudi riyal, then introduced the Qatar and Dubai riyal which was the result of signing the Qatar-Dubai Currency Agreement on 21 March 1966. The Saudi riyal

pos: History of the rupee to Rs 13.33 to the pound. The dollar-pound exchange rate then was $4.03 to the pound, which in effect gave a rupee-dollar rate in 1947 of around Rs 3.30. The pound was devalued in 1949, changing its dollar parity from 4.03 to 2.80. India was then a part of the sterling area, and the rupee was devalued on the same day by the same percentage, so that the new dollar exchange rate in 1949 became Rs 4.76 — which is where it stayed till the rupee devaluation of 1966 made it Rs 7.50 to the dollar and the pound moved

pos: Legal tender Bahrain eventually replaced the Gulf rupee with their own currencies (the Kuwaiti dinar and the Bahraini dinar) after gaining independence from Britain in 1961 and 1965, respectively. On 6 June 1966, India devalued the rupee. To avoid following this devaluation, several of the states using the rupee adopted their own currencies. Qatar and most of the Trucial States adopted the Qatar and Dubai riyal, whilst Abu Dhabi adopted the Bahraini dinar. Only Oman continued to use the Gulf rupee until 1970, with the government backing the currency at its old peg to the pound. Oman later replaced the Gulf rupee

pos: Sachindra Chaudhuri time since Independence. Real GDP growth fell by 2.6% in 1965 and 0.06% in 1966. Consequently, the Rupee was devalued for the first time. Sachindra Chaudhuri was born on 24 February 1903, in Calcutta. His father was Prabhodh Chandra Chaudhuri. He educated at Rani Bhabani School in Calcutta, later he studied at Presidency College in Calcutta and later at Fitzwilliam College, Cambridge. He also was at Lincoln's Inn. He married Seeta Mitter on 11 December 1930. He had a son and two daughters. His family originally belongs to the renowned Zamindar house called "Baksha Chowdhury Bati" at a place called

pos: Coins of the Indian rupee divided into annas (16 annas to a rupee) and pice (the old spelling of paisa - 64 pice to a rupee). The lowest-denomination Indian coins, the half-pice (128 to a rupee) and the pie (192 to a rupee) were officially demonetized in 1947; while both denominations had continued to circulate up to that time, new examples were not minted after 1942 as they were practically worthless (India remained a member of the sterling area after independence and the rupee remained pegged to the pound sterling. Until 1966, the rupee was worth 1s.6d, or 18 old British pence; a half-pice was

pos: Gulf rupee Gulf rupee The Gulf rupee (Arabic: روبيه or روبيه خليجيه), also known as the Persian Gulf rupee, was a currency used in the countries of the Persian Gulf and the Arabian Peninsula between 1959 and 1966. It was issued by the Government of India and the Reserve Bank of India and was equivalent to the Indian rupee. To the middle of the 20th century, the Indian rupee was used as currency in the countries of the Persian Gulf and Arabian Peninsula. Its popularity strained India's foreign reserves and so the Gulf rupee was created. It was introduced by the Indian

pos: Rashid bin Saeed Al Maktoum the armed border dispute between the two emirates in 1946, and he established a close relationship with Qatar. Sheikh Rashid's daughter married the Emir of Qatar in 1961. In 1966, India devalued the rupee, and Qatar and Dubai adopted the Gulf rupee as a common currency, whilst Abu Dhabi adopted the Bahraini dinar. The Emir of Kuwait assisted in the financing of the Dredging of the Creek, along with a popular issue of bonds, the 'creek bonds' and revenue derived from land reclamation made possible by the dredging. The project resulted in Dubai's rising prominence as an entrepôt, a position

neg: History of the rupee government to devalue the rupee. At the end of 1999, the Indian Rupee was devalued considerably. In the period between 2000 and 2007, the Rupee stopped declining and stabilised ranging between 1 $ = 44–48 ₹. In late 2007, the Indian Rupee reached a record high of 39 Indian national rupee per United States dollars, on account of sustained foreign investment flows into the country. This posed problems for major exporters, IT and BPO firms located in the country who were incurring losses in their earnings given the appreciation in rupee. The trend has reversed lately with the 2008 world

neg: Indian rupee devalued against the $ in 1949, impacting currencies that maintained a peg to sterling, such as the . The gold silver ratio expanded during 1870–1910. Unlike India, Britain was on gold standard. To meet the Home Charges (i.e., expenditure in England) the colonial government had to remit a larger number of rupees and this necessitated increased taxation, unrest and nationalism. Indian rupee The Indian rupee (sign: ₹; code: INR) is the official currency of India. The rupee is subdivided into 100 "paise" (singular "paisa"), though as of 2018, coins of denomination of 50 paise or half rupee is the lowest

neg: Japanese government-issued rupee in Burma the head of the puppet government. From 1943 onward the Japanese issued paper scrip currency of 1, 5 and 10 Rupee with a 100 Rupee note in 1944. The Japanese characters in the oblong box at the bottom of each note read “Government of Great Imperial Japan” and the contents of the seal at the lower right of the comprise the Japanese symbol for the Minister of Finance. When all of these notes became obsolete, punch holes were made to indicate that the note had been "cancelled" and therefore devalued. Prior to the Japanese invasion, Burma circulated the Indian rupee

neg: Indian rupee contract but out of statutory provisions.The promissory clause printed on the banknotes i.e., "I promise to pay the bearer an amount of X" is a statement which means that the banknote is a legal tender for X amount. The obligation on the part of the Bank is to exchange a banknote for coins of an equivalent amount."" For almost a century following the Great Recoinage of 1816, and adoption of the Gold Standard, until the outbreak of World War I, the silver backed Indian rupee lost value against a basket of Gold pegged currencies, and was periodically devalued to reflect

neg: Pakistani rupee quantity of notes did find their way into the collector market following their sale to a bank note dealer by the State Bank of Pakistan. The rupee was pegged to the British pound until 1982, when the government of General Zia-ul-Haq changed to a managed float. As a result, the rupee devalued by 38.5% between 1982–83 and 1987–88 and the cost of importing raw materials increased rapidly, causing pressure on Pakistani finances and damaging much of the industrial base. The Pakistani rupee depreciated against the United States dollar until the turn of the century, when Pakistan's large current account surplus

neg: Economy of Pakistan Rupee, ISO code PKR and abbreviated Rs, which is divided into 100 paisas. Currently the newly printed 5,000 rupee note is the largest denomination in circulation. Recently the SBP has introduced all new design notes of Rs. 10, 20, 50, 100, 500, 1000 and 5000. The Pakistani Rupee was pegged to the Pound sterling until 1982, when the government of General Zia-ul-Haq, changed it to managed float. As a result, the rupee devalued by 38.5% between 1982/83 many of the industries built by his predecessor suffered with a huge surge in import costs. After years of appreciation under Zulfikar Ali

neg: Licence Raj of industries minister; he is directly responsible for dismantling the Licence Raj. Liberalisation resulted in substantial growth in the Indian economy, which continues today. The Licence Raj is considered to have been significantly reduced in 1991 when India had only two weeks of foreign reserves left. In return for an IMF bailout, Gold bullion was transferred to London as collateral, the Rupee devalued and economic reforms were forced upon India. The federal government, with Manmohan Singh as finance minister, reduced licensing regulations; lowered tariffs, duties and taxes; and opened up to international trade and investment. The reform policies introduced after

neg: Indian paisa 5, 10, 20, 25 and 50 paisa coins. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. 1/15/3/2 = 1.9947 1/8/3 = 1.546 1/4 = 1.25 Indian paisa Indian paisa (plural: "paise") is (one-hundredth) subdivision of the Indian rupee. The paisa was first introduced on 1 April 1957 after decimalisation of the Indian rupee. As of 30 June 2011, except for 50 paisa coins, all

neg: Reserve Bank of India better methods for more effective markets and the protection of investor interests. The Indian financial market was a leading example for so-called "financial repression" (Mckinnon and Shaw). The "Discount and Finance House of India" began its operations in the monetary market in April 1988; the "National Housing Bank", founded in July 1988, was forced to invest in the property market and a new financial law improved the versatility of direct deposit by more security measures and liberalisation. The national economy contracted in July 1991 as the Indian rupee was devalued. The currency lost 18% of its value relative to the

neg: Nepalese rupee was introduced in 1932, replacing the silver mohar at a rate of 2 mohar = 1 rupee. At first, the rupee was called the "Mohru" in Nepali. Its value was pegged to the Indian Rupee in 1994 at a rate of 1.6 Nepalese rupees = 1 Indian rupee. The early banknotes which were issued between 1945 and 1955 during the rule of King Tribhuvan were not put into circulation by a Central Bank which did not exist in Nepal at that time. The issuing authority was the treasury which had the name Sadar Muluki Khana. Therefore, the notes of king

neg: Rupee “Rs” or “Rs.”. The rupee sign is encoded in the Unicode character set at U+20A8 (some fonts, such as Microsoft Sans Serif, instead display the Unicode rupee sign erroneously as “Rp”). It is common to find a prefix before the digits denoting the rupee currency value written as “Re: 1” (for one unit), or “Rs. 140” (for more than one rupee). The rupee sign was also formerly used to represent the Indian rupee until 15 July 2010, when it was replaced by a new currency symbol, the Indian rupee sign, ₹. The new sign is a combination of the Devanagari

neg: One rupee (Indian coin) One rupee (Indian coin) One rupee coin is an Indian coin worth one Indian rupee and is made up of hundred paisas. Currently, one rupee coin is the smallest Indian coin in circulation. Since 1992, one Indian rupee coins are minted from stainless steel. Round in shape, the one rupee coins weighs , has a diameter of and thickness of . In independent India, one rupee coins was first minted in 1950 and is currently in circulation. Sher Shah Suri, the founder of Sur Empire ruled North India from 1540 to 1545 AD. During his reign, Suri issued pure silver

neg: Hyderabadi rupee This was the first issue after India became a republic (26 January 1950). Hyderabadi rupee The Hyderabadi Rupee was the currency of the Hyderabad State from 1918 to 1959. It coexisted with the Indian rupee from 1950. Like the Indian rupee, it was divided into 16 annas, each of 12 pai. Coins were issued in copper (later bronze) for denominations of 1 and 2 pai and ½ anna, in cupro-nickel (later bronze) for 1 anna and in silver for 2, 4 and 8 annas and 1 rupee. Hyderabad was the only Indian princely state that was permitted to continue issuing

neg: History of the rupee issues were signed by the second Governor, Sir James Taylor. In August 1940, the one-rupee note was reintroduced as a wartime measure, as a Government note with the status of a rupee coin. During the war, the Japanese produced high-quality forgeries of the Indian currency. This necessitated a change in the watermark. The profile portrait of George VI was changed to his full frontal portrait. The security thread was introduced for the first time in India. The George VI series continued till 1947 and thereafter as a frozen series till 1950 when post-independence notes were issued. Following the Independence of

neg: Coins of the Indian rupee till 1990, after which it was minted every following year. Stainless steel coinage of 10, 25 and 50 paisa was introduced in 1988. In 1992, a new stainless steel rupee coin, smaller and lighter than the older rupee, was minted, alongside a 5 rupee Cupronickel coin. In 2005, the 10 rupee coin was minted for the first time. Higher denomination coins were introduced due to an increasing demand for change and the increasing cost of printing 2, 5 and 10 rupee banknotes. On 30 June 2011, all coins in denominations of 25 paisa and below were officially demonetised. Commemorative coins

neg: Rupee for silver coin, from Sanskrit rūpa, beautiful form. Both the Kabuli rupee and the Kandahari rupee were used as currency in Afghanistan prior to 1891, when they were standardized as the Afghan rupee. The Afghan rupee, which was subdivided into 60 paisas, was replaced by the Afghan afghani in 1925. Until the middle of the 20th century, Tibet's official currency was also known as the Tibetan rupee. The Indian rupee was the official currency of Dubai and Qatar until 1959, when India created a new Gulf rupee (also known as the "external rupee") to hinder the smuggling of gold. The

neg: 5 paise (Indian coin) 5 paise (Indian coin) The Indian five paise () (singular: "Paisa"), was a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin

neg: Burmese rupee Burma but no separate coinage was issued. When the Japanese invaded Burma in 1942, they introduced a new currency: the rupee, divided into 100 "cents". This currency was only issued in paper form. The rupee was replaced by the kyat in 1943. In 1945, the Japanese occupation currency was declared worthless and Burma reverted to using Indian coinage and its own rupee paper money. Following independence in 1948, Burma introduced its own rupee currency, consisting of coins and banknotes. One rupee was divided into 16 "pe" (equal to the Indian "anna"), each of 4 "pyas" (equal to the Indian "pice").

neg: 3 paise (Indian coin) 3 paise (Indian coin) The Indian Three paise () (singular: "Paisa"), is a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin

neg: 2 paise (Indian coin) . Scalloped with eight notches, the coins had smooth edge. 2 paise (Indian coin) The Indian Two paise () (singular: "Paisa"), is a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were

neg: 2 paise (Indian coin) 2 paise (Indian coin) The Indian Two paise () (singular: "Paisa"), is a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin

neg: Burmese rupee Burmese rupee The rupee was the currency of Burma (now Myanmar) between 1852 and 1952, except for the years 1943-1945. When Burma was conquered by the British, the Indian rupee replaced the kyat at par. From 1897, the government of India issued notes in Rangoon of the same general type as were issued in India but featuring languages used in Burma rather than those of India. In 1917 and again from 1927, Indian notes were overprinted for use in Burma. When Burma became a separate colony in 1937, a separate issue of paper money was made for use only in

neg: 5 naye paise (Indian coin) 5 naye paise (Indian coin) The Indian five naye paise () (singular: "Paisa"), was a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964

neg: 2 naye paise (Indian coin) 2 naye paise (Indian coin) The Indian Two naye paise () (singular: "Paisa"), is a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964

neg: 2 naye paise (Indian coin) of and thickness of . Scalloped with eight notches, the coins had smooth edge. 2 naye paise (Indian coin) The Indian Two naye paise () (singular: "Paisa"), is a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric

neg: 3 paise (Indian coin) weighed 1.25 grams, had a diameter of and thickness of . Three paise coins were hexagonal shaped and had smooth edge. 3 paise (Indian coin) The Indian Three paise () (singular: "Paisa"), is a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage

neg: 50 paise 50 paise The Indian Fifty paise () (singular: "Paisa"), is a unit of currency equaling (half) of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin was

neg: Burmese rupee issuing the same denominations as the previous two series. Burmese rupee The rupee was the currency of Burma (now Myanmar) between 1852 and 1952, except for the years 1943-1945. When Burma was conquered by the British, the Indian rupee replaced the kyat at par. From 1897, the government of India issued notes in Rangoon of the same general type as were issued in India but featuring languages used in Burma rather than those of India. In 1917 and again from 1927, Indian notes were overprinted for use in Burma. When Burma became a separate colony in 1937, a separate issue

neg: 5 naye paise (Indian coin) in medallic alignment. Coins weighed 4.0 grams, had a diameter of and thickness of . Five naye paise coins were quadrangular shaped and had smooth edge. 5 naye paise (Indian coin) The Indian five naye paise () (singular: "Paisa"), was a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized.

neg: 5 paise (Indian coin) paise coins were minted from Cupronickel, Aluminium and Aluminium-magnesium in medallic alignment. The coins were rhombus shaped and had smooth edge. 5 paise (Indian coin) The Indian five paise () (singular: "Paisa"), was a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage

neg: Indian Rupee (film) Indian Rupee (film) Indian Rupee is a 2011 Indian satirical film written and directed by Ranjith Balakrishnan, and produced by August Cinema. The film stars Prithviraj Sukumaran, Thilakan, Tini Tom and Jagathy Sreekumar in significant roles. The film released on 6 October 2011, to positive response from critics. It received numerous accolades including National Film Award for Best Feature Film in Malayalam and Kerala State Film Award for Best Film. "Indian Rupee" is a satirical dig on making quick money without sweating it out and youth blindly follows on such examples. Jayaprakash or JP (Prithviraj Sukumaran) is a small-time real

neg: Indian 10-rupee note Indian 10-rupee note The Indian 10-rupee banknote (10) is a common denomination of the Indian rupee. The 10 note was one of the first notes introduced by the Reserve Bank of India as a part of the Mahatma Gandhi Series in 1996, which is presently in circulation, this is used alongside with 10 rupee coin. The 10-rupee banknote has been issued and had been in circulation since colonial times, and in continuous production since Reserve Bank of India took over the functions of the controller of currency in India in 1923. On 5 January 2018, the Reserve Bank of India

neg: Dominion of Ceylon some compensation to the owners of land taken over under both the 1972 and 1975 laws. In early 1988, the state-owned plantations were managed by one of two types of entities, the Janatha Estates Development Board, or the Sri Lanka State Plantation Corporation. Additionally, a revamped system of education created a glut of skilled workers that could not find employment. The official currency of Ceylon was the Ceylon Rupee. The Rupee evolved from the Indian Rupee, when in 1929 a new Ceylon Rupee was formed when it was separated from the Indian Rupee. In 1950, the Currency Board, set up

neg: Indian rupee sign each others. On 11 April 2013, Finance Ministry formed the guidelines for conducting public competitions for design of symbol/logo. Upon the symbol’s adoption in July 2010, the Indian government said it would try to adopt the sign within six months in the country and globally within 18 to 24 months. Major banks have also started printing cheques with the new Indian rupee sign, where the traditional ₨ sign was used. The Indian Postal Department also started printing postage stamps with this new Indian rupee sign, when it issued the Commonwealth Games commemorative stamps on 3 October 2010. In his budget

neg: Coins of the Indian rupee when the Unity in diversity series was launched. Cupro-Nickel coins are not minted anymore. Ferritic Stainless Steel coins of Two and Five Rupee denominations are currently in production. In 2004, RBI issued a series in denominations of 1 rupee, followed by 2 rupee and 10 rupee in 2005. These issues however came into circulation in 2006, and created a controversy over their design. 10 rupee coins were the first bimetallic coins issued in India, and because of the controversy and being minted in only one mint, most of the coinage never found its way into circulation. The ones which did

neg: Indian 10-rupee note banknote denomination written in English on the reverse. The 10 rupee banknote of the George VI Series in 1937, had the portrait of George VI on the obverse and featured two elephants with the banknote denomination written in Urdu, Hindi, Bengali, Burmese, Telugu, Tamil, Kannada and Gujarati on the reverse. Indian 10-rupee note The Indian 10-rupee banknote (10) is a common denomination of the Indian rupee. The 10 note was one of the first notes introduced by the Reserve Bank of India as a part of the Mahatma Gandhi Series in 1996, which is presently in circulation, this is used

neg: British currency in the Middle East name dinar then became the preferred name for the pound sterling unit of account as it spread to other middle eastern territories. Iraq adopted the dinar in 1931 to replace the Indian rupee that had been introduced by the British during the first world war. Meanwhile, after the first world war, the price of silver rose dramatically. In British East Africa, at the moment when the silver rupee rose to the value of two shillings sterling, the authorities opportunistically introduced a florin system to replace the rupee, with the florin being equal to the rupee at two shillings. Shortly after

neg: East African rupee East African rupee The Rupee was the currency of Britain's East African colonies and protectorates between 1906 and 1920. It was divided into 100 cents. The rupee replaced the Indian rupee, which had previously circulated. In 1920, the rupee was revalued against sterling to a peg of 1 rupee = 2 shillings (1 florin). In East Africa, this was followed in the same year by the replacement of the rupee with the East African florin at par. The currency is noteworthy for including the world's first aluminium coin, the 1907 1 Cent. Silver coins were introduced for 25 and 50

neg: Indian rupee sign Indian rupee sign The Indian rupee sign (sign: ; code: INR) is the currency symbol for the Indian rupee, the official currency of India. Designed by Udaya Kumar, it was presented to the public by the Government of India on 15 July 2010, following its selection through an "open" competition among Indian residents. Before its adoption, the most commonly used symbols for the rupee were Rs, Re or, if the text was in an Indian language, an appropriate abbreviation in that language. The design is based on the Devanagari letter "र" (ra) with a double horizontal line at the top.

neg: Indian rupee sign typing - (a combination that yields the Cent symbol on a US keyboard layout). Sailfish OS also provides the symbol in its default keyboard. Indian rupee sign The Indian rupee sign (sign: ; code: INR) is the currency symbol for the Indian rupee, the official currency of India. Designed by Udaya Kumar, it was presented to the public by the Government of India on 15 July 2010, following its selection through an "open" competition among Indian residents. Before its adoption, the most commonly used symbols for the rupee were Rs, Re or, if the text was in an Indian language,

neg: Coins of the Indian rupee Coins of the Indian rupee Coins of the Indian rupee were first minted in 1950. New coins have been produced annually since then and they make up a valuable aspect of the Indian currency system. Today, circulating coins exist in denominations of ₹1, ₹2, ₹5, and ₹10. All of these are produced by four mints located across India, in Kolkata, Mumbai, Hyderabad and Noida. After Indian independence, British Indian coins were in use as a frozen currency until India became a republic in 1950. The first rupee coins of the Republic of India were minted in 1950. These included 1/2

neg: Travancore Rupee 'One Travancore Rupee', this was never done. The half-rupee and the quarter-rupee remained the highest values issued for circulation. The Travancore Rupee was issued until 1946 CE (1121 M.E. or Malayalam Era), remaining in circulation till 1949. It was replaced by the Indian rupee following Travancore's accession into India. Issues of the Travancore Rupee often had the names or insignia of the reigning monarch in English. The reverse features inscriptions in the native language of Malayalam as well as the royal insignia of Travancore. The inscriptions are largely a direct translation of the front of the coin. The year, when

neg: Hyderabadi rupee Hyderabadi rupee The Hyderabadi Rupee was the currency of the Hyderabad State from 1918 to 1959. It coexisted with the Indian rupee from 1950. Like the Indian rupee, it was divided into 16 annas, each of 12 pai. Coins were issued in copper (later bronze) for denominations of 1 and 2 pai and ½ anna, in cupro-nickel (later bronze) for 1 anna and in silver for 2, 4 and 8 annas and 1 rupee. Hyderabad was the only Indian princely state that was permitted to continue issuing its own notes after it was subjected to join the Dominion of India

neg: Indian 1000-rupee note Indian 1000-rupee note The Indian 1000-rupee banknote (1000) was a denomination of the Indian rupee. It was first introduced by the Reserve Bank of India in 1938 under British rule and subsequently demonetized in 1946. Post-independence, the denomination was re-introduced in 1954. In January 1978, all high-denomination banknotes of 1000, 5,000, and 10,000 were demonetized in order to curb unaccounted cash money. In order to contain the volume of banknotes in circulation due to inflation, the 1000 banknote was again re-introduced in November 2000, under the government of Atal Bihari Vajpayee, as a part of the Mahatma Gandhi Series of

neg: Indian 20-rupee note Indian 20-rupee note The Indian 20-rupee banknote (20) is a common denomination of the Indian rupee. The current 20 banknote in circulation is a part of the Mahatma Gandhi Series. The Reserve Bank introduced the 20 note in the Mahatma Gandhi Series in August 2001. Making it one of the last denominations of the series to be introduced in the series; other than the 5, which was introduced in November 2001. It was first introduced by the Reserve Bank of India in 1972 to contain the cost of production of banknotes in circulation. With the introduction of this banknote, the

neg: Indian 1000-rupee note its value written in 17 languages. On the obverse, the denomination is written in English and Hindi. On the reverse is a language panel which displays the denomination of the note in 15 of the 22 official languages of India, displayed in alphabetical order. Languages included on the panel are Assamese, Bengali, Gujarati, Kannada, Kashmiri, Konkani, Malayalam, Marathi, Nepali, Odia, Punjabi, Sanskrit, Tamil, Telugu and Urdu. Indian 1000-rupee note The Indian 1000-rupee banknote (1000) was a denomination of the Indian rupee. It was first introduced by the Reserve Bank of India in 1938 under British rule and subsequently demonetized in

neg: Indian 100-rupee note Indian 100-rupee note The Indian 100-rupee banknote (100) is a denomination of the Indian rupee. It has been in continuous production since Reserve Bank of India took over the functions of the controller of currency in India in 1935. The present 100 banknote in circulation is a part of the Mahatma Gandhi Series, which replaced the Lion Capital Series of banknotes in 1998. The first 100-rupee note featured the portrait of George VI. After independence in 1947, Reserve Bank of India continued to issue the notes by replacing the portrait of George VI with the Emblem of India, as a

neg: Coins of the Indian rupee new Re symbol. Now it is being minted in all four mints, which are Mumbai, Kolkata, Hyderabad, and Noida. Apart from these definitive coins, 10 rupee bi-metallic commemorative coins have also been released as follows: 2008 – Tri Centenary of Gur-ta-Gaddi 2009 – Homi Bhabha Birth Centenary 2010 – RBI Platinum Jubilee 2012 – 60 Years of Parliament's first sitting. Coins of the Indian rupee Coins of the Indian rupee were first minted in 1950. New coins have been produced annually since then and they make up a valuable aspect of the Indian currency system. Today, circulating coins exist in

neg: Nepalese rupee Nepalese rupee The Nepalese Rupee (, symbol: रू, Rs.; code: NPR) is the official currency of the Federal Democratic Republic of Nepal. The Nepalese rupee is subdivided into 100 "paisa". The issuance of the currency is controlled by the Nepal Rastra Bank, the central bank of Nepal. The Nepalese rupee was introduced in 1932, when it replaced the Nepalese mohar at the rate 2:1. Prior to 1994, the Nepalese rupee (रू) was pegged to the Indian Rupee (₹) at the rate रू1.45 = ₹1, however since then it has been pegged at the rate रू1.60 = ₹1 currently. The rupee

neg: Sri Lankan rupee presented for exchange were demonetized in June 1831. The Indian rupee was made Ceylon's standard coin on 26 September 1836, and Ceylon reverted to the Indian currency area. Pound-denominated treasury notes continued to circulate after 1836, along with the rupee. The legal currency remained British silver and accounts were kept in pounds, shillings and pence. However, payments were made in rupees and annas at the "fictitious par" (fixed accounting rate) of 2 shillings per rupee (i.e., 1 pound = 10 rupees). The Bank of Ceylon was the first private bank to issue banknotes on the island (1844) and Treasury notes

neg: East African shilling introduced because of increasing silver prices after World War I. At that time, the Indian rupee was the currency of the British East African states. The rupee, being a silver coin, rose in value against sterling. When it reached the value of two shillings, the authorities decided to replace it with the florin. From the florin thence came the East African shilling. The currency remained pegged to one shilling sterling and was subdivided into 100 cents. In 1936, Zanzibar joined the currency board, and the Zanzibari rupee was replaced at a rate of 1.5 East African shillings to 1 Zanzibari

neg: Indian rupee peso. In 1867, administration of the Straits Settlements was separated from India and the Straits dollar was made the standard currency, and attempts to reintroduce the rupee were finally abandoned. After the Partition of India, the Pakistani rupee came into existence, initially using Indian coins and Indian currency notes simply overstamped with "Pakistan". Previously the Indian rupee was an official currency of other countries, including Aden, Oman, Dubai, Kuwait, Bahrain, Qatar, the Trucial States, Kenya, Tanganyika, Uganda, the Seychelles and Mauritius. The Indian government introduced the Gulf rupee – also known as the Persian Gulf rupee (XPGR) – as a

neg: One rupee (Indian coin) chronology and reasons; From 1947 to 1957, Indian rupee was not decimalised and was divided into 16 annas. Each anna was further divided to four Indian pices (from 1835 to 1947, each pice was divided into three Indian pies; till the pie was demonetized in 1947). Table below shows sub-units of one rupee (1835-present). As of 2017, one rupee coins are minted by India Government Mints in Mumbai, Kolkata, Hyderabad and in Noida. All coins are circulated only through Reserve Bank of India. Following mint marks have been used on one rupee coins since 1947. One rupee (Indian coin) One

neg: Indian rupee sign new Indian rupee symbol. With the Windows update, it is now possible to use alt code text entry to obtain the Indian Rupee symbol – +. On systems running Windows 8, the symbol can be typed using the English (India) keyboard layout with the key combination +. Apple Inc. has added support for the rupee symbol with iOS 7. Mac OS X Lion (10.7) also includes the new Indian rupee symbol and can be found in the Character Viewer. As of Mac OS X Mountain Lion (10.8), users using the Devanagari keyboard can enter the new Indian rupee symbol by

neg: Economy of India pound, the US dollar, the Japanese yen and the Deutsche mark. In 1991, after the collapse of its largest trading partner, the Soviet Union, India faced the major foreign exchange crisis and the rupee was devalued by around 19% in two stages on 1 and 2 July. In 1992, a Liberalized Exchange Rate Mechanism (LERMS) was introduced. Under LERMS, exporters had to surrender 40 percent of their foreign exchange earnings to the RBI at the RBI-determined exchange rate; the remaining 60% could be converted at the market-determined exchange rate. In 1994, the rupee was convertible on the current account, with

neg: Indian paisa Indian paisa Indian paisa (plural: "paise") is (one-hundredth) subdivision of the Indian rupee. The paisa was first introduced on 1 April 1957 after decimalisation of the Indian rupee. As of 30 June 2011, except for 50 paisa coins, all other paisa coins had been demonetized. In 1955, the Government of India first amended the "Indian Coinage Act" and adopted the "metric system for coinage". From 1957 to 1964, the Paisa was called "Naya Paisa" ("New Paisa") and on 1 June 1964, the term "Naya" was dropped and the denomination was named "Paisa". Paisa has been issued in 1, 2, 3,

neg: Indian rupee was known as "the fall of the rupee." India was unaffected by the imperial order-in-council of 1825, which attempted to introduce British sterling coinage to the British colonies. British India, at that time, was controlled by the British East India Company. The silver rupee continued as the currency of India through the British Raj and beyond. In 1835, British India adopted a mono-metallic silver standard based on the rupee; this decision was influenced by a letter written by Lord Liverpool in 1805 extolling the virtues of mono-metallism. Following the Indian Mutiny in 1857, the British government took direct control of

neg: Indian 2000-rupee note Indian 2000-rupee note The Indian 2000-rupee banknote (₹2000) is a denomination of the Indian rupee. It was released by the Reserve Bank of India (RBI) on 8 November 2016 after the demonetisation of ₹500 and ₹1000 banknotes and has been in circulation since 10 November 2016. It is a part of the Mahatma Gandhi New Series of banknotes with a completely new design. The Indian ₹2000 rupee note is the highest currency note printed by RBI that is in active circulation, ever since the 1,000 rupee note was demonetised in November 2016. Before the official announcement by RBI, the media

neg: Indian rupee the currencies of the previously autonomous states (although the Hyderabadi rupee was not demonetised until 1959). Some of the states had issued rupees equal to those issued by the British (such as the Travancore rupee). Other currencies (including the Hyderabadi rupee and the Kutch kori) had different values. The values of the subdivisions of the rupee during British rule (and in the first decade of independence) were: In 1957, the rupee was decimalised and divided into 100 "naye paise" (Hindi for "new paise"); in 1964, the initial "naye" was dropped. Many still refer to 25, 50 and 75 paise as

neg: Indian rupee the gold that was sold. In 1939, Dickson H. Leavens wrote in his book 'Silver Money': "In recent years the increased price of gold, measured in depreciated paper currencies, has attracted to the market (of London) large quantities (of gold) formerly hoarded or held in the form of ornaments in India and China". The Indian rupee replaced the Danish Indian rupee in 1845, the French Indian rupee in 1954 and the Portuguese Indian escudo in 1961. Following the independence of British India in 1947 and the accession of the princely states to the new Union, the Indian rupee replaced all

neg: History of the rupee the currency, as stronger economies were on the gold standard. During British rule, and the first decade of independence, the rupee was subdivided into 16 annas. Each anna was subdivided into 4 paisas. So one rupee was equal to 64 pice (paisa) In 1957, decimalisation occurred and the rupee was divided into 100 naye paise (Hindi/Urdu for "new paisas"). After a few years, the initial "naye" was dropped. For many years in the early and mid-20th century, the Indian rupee was the official currency in several areas that were controlled by the British and governed from India; areas such as

neg: 1 naya paisa (Indian coin) 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin was called "Naya Paisa" (English: "New Paisa"). On 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa". Naya paisa coins were issued

neg: Zanzibari rupee Zanzibari rupee The rupee () was the currency of Zanzibar from 1908 to December 31, 1935. It was subdivided into 100 "cents" (Arabic: سنت). The rupee replaced the Zanzibari ryal at a rate of 2⅛ rupees = 1 ryal and was equivalent to the Indian rupee, which was also in circulation. The Zanzibari rupee remained equal to the Indian rupee and was replaced on January 1, 1936, by the East African shilling at the rate of 1½ East African shillings = 1 Zanzibari rupee. Bronze coins were introduced in 1908 in denominations of 1 and 10 cents, together with nickel

neg: Dubai Gold & Commodities Exchange and the region’s first WTI and Brent Oil futures contracts. DGCX’s portfolio of currency futures contracts also includes Australian Dollar/US Dollar, Canadian Dollar/US Dollar, Swiss Franc/US Dollar, Euro, British pound, Japanese Yen and Indian Rupee futures. DGCX launched an Options Contract for the Indian Rupee in 2011. The contract is today the only exchange-traded Indian Rupee Options product offered outside India. The Exchange provides clearing service through the Dubai Commodities Clearing Corporation (DCCC), a 100% owned subsidiary of DGCX. Over 80% of DGCX’s current membership base of 267 is from the Middle East and the Indian subcontinent. The remainder is

neg: Indian rupee Indian rupee The Indian rupee (sign: ₹; code: INR) is the official currency of India. The rupee is subdivided into 100 "paise" (singular "paisa"), though as of 2018, coins of denomination of 50 paise or half rupee is the lowest value in use. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. In 2010, a new rupee symbol ", was officially adopted. It was derived from the combination of the Devanagari

neg: Legal tender India. Both the Nepalese rupee and Bhutanese ngultrum are pegged with the Indian rupee. The Indian rupee used to be an official currency of other countries, including the Straits Settlements (now Singapore and parts of Malaysia), Kuwait, Bahrain, Qatar, and the Trucial States (now the UAE). In 1837, the Indian rupee was made the sole official currency of the Straits Settlements, as it was administered as a part of India. In 1845, the British replaced the Indian rupee with the Straits dollar after administration of the Straits Settlements separated from India earlier in that same year. After partition of India

neg: Rupee (musician) of his West Indian father, pop and rock and roll from his mother. He and his siblings would often perform on stage, coming up with all sorts of chants, rhymes and antics to tease the audience. Rupee eventually moved to Barbados in 1985. He had his first major break after winning the Richard Stoute Teen Talent Competition in 1993, when he was a schoolboy at Harrison College. Rupee emerged on the local soca scene after being invited to join the then popular Bajan band, Coalishun, along with singers like Terencia Coward and Adrian Clarke in 1997. Though initially more dancehall

neg: Legal tender and Pakistan in 1947, the Pakistani rupee came into existence, initially using Indian coins and Indian currency notes simply overstamped with the word "Pakistan". New coins and banknotes were issued in 1948. The Gulf rupee, also known as the Persian Gulf rupee (XPGR), was introduced by the Government of India as a replacement for the Indian rupee for circulation exclusively outside the country with the Reserve Bank of India Amendment Act of 1 May 1959. This creation of a separate currency was an attempt to reduce the strain put on India's foreign reserves by gold smuggling. Two states, Kuwait and

neg: Indian 10-rupee coin Indian 10-rupee coin The Indian 10-rupee coin (10) is a denomination of the Indian rupee. The ₹10 coin is the highest-denomination coin minted in India since its introduction in 2005. The present ₹10 coin in circulation is from the 2011 design. However, the previous ₹10 coins minted before 2011 are also legal tender in India. All ₹10 coins containing with and without the rupee currency sign are legal tender, as stated by the Reserve Bank of India. Along with the standard designs, there are 21 different designs for this denomination and are minted as circulating commemorative coins, this is used

neg: Indian rupee sign It also resembles the Latin capital letter "R", especially R rotunda (Ꝛ). The Unicode character for the Indian rupee sign is . Other countries that use a rupee, such as Sri Lanka, Pakistan and Nepal, still use the generic character. On 5 March 2009, the Indian government announced a contest to create a sign for the Indian rupee. During the 2010 Union Budget, then Union Finance Minister Pranab Mukherjee said that the proposed sign should reflect and capture the Indian ethos and culture. From around 3,331 responses received, five symbols were shortlisted. These were the entries from Nondita Correa-Mehrotra, Hitesh

neg: 1 paisa (Indian coin) rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin was called "Naya Paisa" (English: "New Paisa"). On 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa". One paisa coins were issued as a

neg: Indian 50-rupee note Indian 50-rupee note The (50) is a denomination of the Indian rupee. The present 50 banknote in circulation since 1996 is a part of the Mahatma Gandhi Series of banknotes. The 50 banknote denomination was first introduced by the Reserve Bank of India (RBI) in 1975 as a part of the Lion Capital Series, which had the Ashoka pillar on the banknote. It was replaced by a watermark of Mahatma Gandhi in the Mahatma Gandhi Series, in 1996. On 10 November 2016, the Reserve Bank of India announced, a new redesigned 50 banknote was to be available as a part

neg: Indian rupee sign the Unicode 6.0, and named distinctly from the existing character , which will continue to be available as the generic rupee sign. Ubuntu became the first operating system to support the Indian rupee symbol by default. Since its 10.10 version it has supported the symbol out of the box, as it was added to the Ubuntu font family by a contributor. Since then, it has been included in various GNU/Linux distributions. On 18 May 2011, Microsoft released an update KB2496898 to Windows Vista, Windows Server 2008, Windows 7 and Windows Server 2008 R2 operating systems to include support for this

neg: History of the rupee withdraw foreign aid to India, which necessitated more devaluation. Defense spending in 1965/1966 was 24.06% of total expenditure, the highest it has been in the period from 1965 to 1989 (Foundations, pp 195). Another factor leading to devaluation was the drought of 1965/1966 which resulted in a sharp rise in prices. At the end of 1969, the Indian Rupee was trading at around 13 British pence. A decade later, by 1979, it was trading at around 6 British pence. Finally, by the end of 1989, the Indian Rupee had plunged to an all-time low of 3 British pence. This triggered

neg: Indian 50-rupee note order. Languages included on the panel are Assamese, Bengali, Gujarati, Kannada, Kashmiri, Konkani, Malayalam, Marathi, Nepali, Odia, Punjabi, Sanskrit, Tamil, Telugu and Urdu. Indian 50-rupee note The (50) is a denomination of the Indian rupee. The present 50 banknote in circulation since 1996 is a part of the Mahatma Gandhi Series of banknotes. The 50 banknote denomination was first introduced by the Reserve Bank of India (RBI) in 1975 as a part of the Lion Capital Series, which had the Ashoka pillar on the banknote. It was replaced by a watermark of Mahatma Gandhi in the Mahatma Gandhi Series, in

neg: Coins of the Indian rupee were hoarded by Coin collectors and Coin hoarders. in 2007 RBI issued a new series of Coins, The Hasta Mudra Series, in coins of 50 paisa, 1 rupee and 2 rupee denominations. These coins are stainless steel and feature various Hasta Mudras (hand gestures in Indian Classical dance). The 5 rupee piece that features waves in its design was also issued in 2007, along with a new 10 rupee coin. However, the design of the 10 rupee piece changed in 2008. The 5 rupee coin design was again reverted to the previous design, though it was issued in Nickel-brass instead

neg: Coins of the Indian rupee rupee, 1/4 rupee, 2 anna, 1 anna, 1/2 anna & 1 pice coins, and are referred to as the anna series or pre-decimal coinage. Under the anna series, one rupee was divided into 16 annas or 64 pice, with each anna equal to 4 pice. In 1957, India shifted to the decimal system, though for a short period of time, both decimal and non-decimal coins were in circulation. To distinguish between the two pice coins in circulation, the coins minted between 1957 and 1964 were printed with the legend “Naya Paisa” (“New Paisa”). The denominations in circulation were 1, 2,

neg: Mansurchak i.e. latitude and longitude of Mansurchak is 25.6254 and 85.9215 respectively. IST(Indian Standard Time) followed in Mansurchak is located in the UTC time zone 5:30. The currency code for Indian rupee is INR. The currency used in Mansurchak is Indian rupee. The sub district is home to about 81 thousant people all among them about 42 thousant (52%) are male and about 39 thousant (48%) are female. 78% of the whole population are from general caste 22% are from schedule caste and 0% are schedule tribes. Child (aged under 6 years) population of Mansurchak community development block is 18%, among

neg: 50 paise called "Naya Paisa" (English: "New Paisa"). On 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa". Paisa coins were issued as a part of "The Decimal Series". 50 paise The Indian Fifty paise () (singular: "Paisa"), is a unit of currency equaling (half) of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947

neg: Hyderabadi rupee issued in 1919 and one thousand rupee notes were issued in 1926. After the setting up of the India Currency Notes Press at Nashik, Hyderabad notes came to be printed there. In 1942, the Government of Hyderabad established the Hyderabad State Bank, with the responsibility, "inter alia", of managing the OS. Hyderabad continued to mint its own coins until 1948, when India occupied the state after the Nizam refused to cede it to the new republic. In 1950, the Indian rupee was introduced alongside the local currency, with the relationship of 7 Hyderabad rupees = 6 Indian rupees being used.

neg: Travancore Rupee into 4 "Chakrams", each of 16 "Cash". We can see these sub-divisions in the following table - As of the early 1900s, silver coins were issued in the denominations of Rupee and "Chakrams". Their various values included 2 chakrams, 4 chakrams, 1/4 rupee (7 chakrams) and 1/2 rupee (14 chakrams). The cash or "kashu" coins were largely copper coins. They were struck in values of 1 cash, 4 cash and 8 cash. The exchange rate with the British Indian rupee was set at 1 British Indian rupee = 28 chakram, 8 cash; equivalently, 1 Tranvancore rupee = 15 annas, 8.63

neg: Indian 200-rupee note rupee banknotes, the 200 banknote has its amount written in 17 languages. On the obverse, the denomination is written in English and Hindi. On the reverse is a language panel which displays the denomination of the note in 15 of the 22 official languages of India. The languages are displayed in alphabetical order. Languages included on the panel are Assamese, Bengali, Gujarati, Kannada, Kashmiri, Konkani, Malayalam, Marathi, Nepali, Odia, Punjabi, Sanskrit, Tamil, Telugu and Urdu. Indian 200-rupee note The Indian 200-rupee note (₹200) is a denomination of the Indian rupee. Post 2016 Indian banknote demonetisation, the new currency notes have

neg: Indian 100-rupee note 100 banknote includes: As like the other Indian rupee banknotes, the 100 banknote has its amount written in 17 languages. On the obverse, the denomination is written in English and Hindi. On the reverse is a language panel which displays the denomination of the note in 15 of the 22 official languages of India. The languages are displayed in alphabetical order. Languages included on the panel are Assamese, Bengali, Gujarati, Kannada, Kashmiri, Konkani, Malayalam, Marathi, Nepali, Odia, Punjabi, Sanskrit, Tamil, Telugu and Urdu. Indian 100-rupee note The Indian 100-rupee banknote (100) is a denomination of the Indian rupee. It has

neg: Indian 200-rupee note Indian 200-rupee note The Indian 200-rupee note (₹200) is a denomination of the Indian rupee. Post 2016 Indian banknote demonetisation, the new currency notes have been announced by the Reserve Bank of India-- ₹2,000, ₹500, ₹200, ₹100, ₹50, ₹20 and ₹10. In order to determine currency denominations, the Reserve Bank of India follows a variation of the Renard series, called the 1-2-5 series, in which a ‘decade’ or a 1:10 ratio is covered in 3 steps, such as 1-, 2-, 5-, 10-, 20-, 50-, 100-, 200-, 500-, 1,000, etc. The Reserve Bank of India described the 200-rupee notes as the

neg: Travancore Rupee pies of a British Indian rupee. Travancore Rupee The Travancore rupee was a type of currency issued by the State of Travancore, now mainly a part of Kerala in South India. The rupee was largely a newer currency in comparison to the older currencies of Kerala such as the "Fanams", "Achus", "Chuckrams" as well as the "Kasu" (or Cash). Its creation was probably intended for the increased trading with British India and the high value transactions therein. The Travancore Rupee was the highest denomination of currency issued for general circulation. The highest face value issued was the '1/2 rupee'. While

neg: Indian rupee Bhutanese ngultrum is pegged at par with the Indian rupee; both currencies are accepted in Bhutan. The Nepalese rupee is pegged at 0.625; the Indian rupee is accepted in Bhutan and Nepal, except 500 and 1000 banknotes of the Mahatma Gandhi Series and the 200 and 2,000 banknotes of the Mahatma Gandhi New Series, which are not legal tender in Bhutan and Nepal and are banned by their respective governments, though accepted by many retailers. On 29 January 2014, Zimbabwe added the Indian rupee as a legal tender to be used. The three Presidencies established by the British East India

neg: Indian 10 Rupee Mahatma Gandhi postage stamp Indian 10 Rupee Mahatma Gandhi postage stamp The 10 Rupees Postage stamp depicting Mahatma Gandhi, issued by India in 1948, is one of India's most famous stamps. On 15 August 1948, on the occasion of the first anniversary of India's Independence Day, Gandhi was honored as the first Indian to be depicted on stamps of India. A set of 100 of these stamps was overprinted with the word "Service" and provided only to the Governor General of India for his official use. The 10 Rupees "Service" overprinted stamp is one of India's rarest and most highly valued stamps. The original

neg: Zero rupee note concept of the zero rupee note in 2001. Upon returning to India for a visit, Bhagat was frustrated by the petty extortion demands of government officials that were part of daily life and conceived of the idea of a zero rupee note as a polite way of declining participation. The charity 5th Pillar put Bhagat's idea into practice. 5th Pillar began the campaign in the spring of 2007 with a first printing of 25,000 notes that were distributed in the Indian city of Chennai. Buoyed by the success of the campaign, additional printings followed and use of the zero rupee

neg: One rupee (Indian coin) ("IV minted as IIII") and were first minted in 1835 AD. Rupee coins issued after 1840 bore busts of Queen Victoria (1840 to 1901 AD), Edward VII (1903 to 1910 AD), George V (1911 to 1936 AD) and George VI (1938 to 1947 AD). The British Raj started in India in 1858 AD after a century of control by the East India Company. British Raj lasted till Indian independence in 1947. From 1835 to 1858, uniform rupee coins were being issued in accordance to the "Coinage Act of 1835". In 1862, new one rupee coins were issued, were known as

neg: Indian 2000-rupee note Marathi, Nepali, Odia, Punjabi, Sanskrit, Tamil, Telugu and Urdu. The introduction of such high denomination currency has been criticized by some, with former Finance minister of India P. Chidambaram dubbing the move "puzzling". The design of the new note was criticized by former Minister of Commerce and Industry Anand Sharma. Indian 2000-rupee note The Indian 2000-rupee banknote (₹2000) is a denomination of the Indian rupee. It was released by the Reserve Bank of India (RBI) on 8 November 2016 after the demonetisation of ₹500 and ₹1000 banknotes and has been in circulation since 10 November 2016. It is a part