Mind blowing facts about indian currency

BiswajitBiswas8 3,544 views 21 slides Jun 19, 2015
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About This Presentation

These are some of the amazing mind blowing facts about Indian Currency.


Slide Content

Indian Currency Some lesser known & mind blogging facts!!

The  Indian rupee  is the official currency of the Republic of India. The issuance of the currency is controlled by the Reserve Bank of India.

₹1000 is the largest denomination of today, but before independence — 10,000 and 5000 rupees currency notes existed. RBI demonetized all such notes in 1938, and reissued them in 1954 and once again demonetized them in 1978.

You have noticed the year of issue on a coin, but have you ever noticed the different symbols below the year? These symbols are actually specifying where they originated.

Noida – have a dot Mumbai – have a diamond Hyderabad – have a star Kolkata – Nothing beneath the year

At one point there were two currencies operating in India. It was Hyderabad Rupee from 1918 to 1959. It coexisted with Indian rupee from 1950.

When Pakistan was in its infancy after India-Pak separation in 1947, they used Indian currency with "Pakistan" stamped on it for the first few months till there was enough circulation of Pakistani notes.

The First 1 Rupee Notes were issued on 30th November, 1917 bearing photo of King George V. These were issued in a form of unstapled packet of 25 notes, printed on White hand-made moulded paper and signed by any of the 3 signatories who were M. M. S. Gubbay , A. C. Mc Watters & H. Denning.

A major difference between the one rupee note and other notes are that all RBI notes have the statement “I promise to pay the bearer a sum of xxx rupees” but one rupee note does not have this statement.

Gandhi’s facial image in Indian Notes was a photo shot. The real picture was taken in 1946 by an unknown photographer. That picture had been developed into a mirror image and then the same has been imaged in the Indian Rupee currencies.

Because of the increasing demand for coins, the I ndian government minted coins in foreign countries at various points in the country's history.

v Diamond mark under the date 1998. A five pointed star under the date of the coin exactly below the first or last digits of dates. ( Royal Mint, UK) - A small dot under the date of the coin but exactly below the first digit of date. BIRMINGHAM SEOUL PRETORIA

v Ornamental/ decorated letter "H" under the last digit of the date . "C" mint mark under the date of the coin. "M" mint mark under the date of the coin. BIRMINGHAM OTTAWA HEATON PRESS

₹ 1000 note: It was reissued in 2000. It depicts modern India.

₹ 500 note: It was reissued in 1987. It shows Dandi March (11 statues).

₹ 100 note: It depicts Himalayan range (non-living ecology).

₹ 50 note: It depicts  Parliament.

₹20 note: It depicts living ecology.

₹ 10 note: It depicts wildlife.

₹5 note: It depicts agriculture (green revolution).