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India
Paisa; Pice; Rupee,Kasu; Naya, Naya Paise, British India
Anna; Cash; Double Fanam; Dub; Dudu; Fanam; Mohur; Nazarana Mohur;
Nazarana Rupee; Pagoda; Panchia; Pie; Seer; Sovereign; Tinny; Tola;
Trisul Pice The rupee is the currency of India. The
issuance of the currency is controlled by the Reserve Bank of India. and
is subdivided into 100 paise
In most parts of India, the rupee is known as the rupee, rupaye, rubai ,
raupya meaning silver; rupyakam meaning (coin) of silver. However, in
West Bengal, Tripura, Orissa, and Assam, the Indian rupee is called ṭaka in Bengali, tôka in Assamese, and ṭôngka in Oriya, with the symbol ৳, and
is written as such on Indian banknotes.
In the eighteen century the Government of India introduced its first paper money, 10
rupee notes followed by 20 , 5 , 10,000 , 100 , 50 , 500 and 1000 rupees
and. In 1917, 1 and 2½ rupees notes .
The Reserve Bank of India began note production in the thirties, issuing 2, 5,
10, 100 and 1000 rupee notes, while the Government continued to issue 1
rupee notes.
After independence, new designs were introduced to remove the portrait
of the King. The government continued to issue the 1 rupee note, while
the Reserve Bank issued other denominations, including the 5000 and
10,000 rupee notes introduced in 1949. In the 1970s, 20 and 50 rupee
notes were introduced but denominations higher than 100 rupees were
demonetized in 1978. In 1987, the 500 rupee note was reintroduced,
followed by the 1000 rupees in 2000.
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