Indian Currency.... '''''''''''''''''' · The - TopicsExpress



          

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.Indian Rupee · From 1953, Hindi was displayed prominently on the new notes. · The Government of India took over the issue of banknotes in 1861 from the Private and Presidency Banks. · The first series of coins with the Indian rupee symbol was launched on 8 July, 2011. · The first 1000Rs Note was introduced in 2000. · The first 20Rs and 5Rs note was introduced in 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 banknote was published by Bank of Hindustan in 1770. · The current Mahatma Gandhi series of banknotes stared from 1996 with new series of 10Rs notes. · Indian coins are produced in 4 cities: Delhi, Mumbai, Hyderabad, Kolkata. The coins produce from each city puts an identification mark under the year of issue. Coins produced in Delhi 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.
Posted on: Sat, 14 Sep 2013 06:36:34 +0000

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