Subscribe For Free Updates!

We'll not spam mate! We promise.

Tuesday, 19 August 2014

Facts About Indian Currency


* The first coins were minted (made) around 2500 years ago.
* Paper money was first used in China over 1000 years ago.
* The first "rupee” was first introduced by Sher Shah Suri. It was based on a ratio of 40 copper pieces (paisa) per rupee.
* Udaya K Dharmalingam is the designer of the Indian rupee Symbol, which was adopted by the Government of India in 2010.
* From 1953, Hindi was displayed prominently on the new notes.
* The Government of India took over the issue of bank notes in 1861 from the Private and Presidency Banks.
* The first series of coins with theIndian rupee symbol was launched on 8 July, 2011.
* The first 1000 Rs Note was introduced in 2000.
* The Reserve Bank introduced the 20 note in the Mahatma Gandhi series in August 2001.
* Decimalization started in 1957 and the rupee was divided into 100 Naye Paise.
* Total 15 Languages (Apart from English) are printed in Indian Rupee Note. They are Assamese, Bengali, Gujarati, Kannada, Kashmiri, Konkani, Malayalam, Marathi, Nepali, Oriya, Panjabi, Sanskrit, Tamil, Telugu and Urdu.
* In India, the first paper bank note was published by Bank of Hindustan in 1770.
* The current Mahatma Gandhi series of bank notes stared from 1996 with new series of 10Rs notes.
* Indian coins are produced in 4 cities: Noida, Mumbai, Hyderabad, Kolkata. The coins produce from each city puts an identification mark under the year of issue. Coins produced in Noida have a dot mark, Mumbai have diamond mark, Hyderabad have star mark and coin produce from Kolkata have nothing beneath the year.
* Credit cards were first used in the United States in the 1920’s.

Related Posts:

  • List of some major Indian movements of independence List of some major Indian movements of independence  • Government of India Act 1858• Indian National Congress (1885)• Partition of Bengal (1905)• Muslim League (1906)• Swadeshi Movement (1905)• Morley-Minto Reforms … Read More
  • Facts on the Nobel Peace Prize Facts on the Nobel Peace Prize On 27 November 1895, Alfred Nobel signed his last will and testament, giving the largest share of his fortune to a series of prizes, the Nobel Prizes. As described in Nobel's will, on… Read More
  • Some Important Full Form Some Important Full Form 1.) GOOGLE - Global Organization Of Oriented Group Language Of Earth 2.) YAHOO - Yet Another Hierarchical Officious Oracle. 3.) WINDOW - Wide Interactive Network Development for Office work Sol… Read More
  • NOBEL PRIZE FACTS NOBEL PRIZE FACTS On 27 November 1895, Alfred Nobel signed his last will and testament, giving the largest share of his fortune to a series of prizes, the Nobel Prizes. As described in Nobel's will one part w… Read More
  • Facts on the Nobel Prize in Chemistry Facts on the Nobel Prize in Chemistry On 27 November 1895, Alfred Nobel signed his last will and testament, giving the largest share of his fortune to a series of prizes, the Nobel Prizes. As described in Nobel's w… Read More

0 comments: