Currency System in India

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List of contents:

3. Indian rupee
4. History
6. System of Notes Issue
7. Printing of

List of contents: 3. Indian rupee 4. History 6. System of Notes
Notes and Minting of Coins
8. Convertibility

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Indian rupee

1,000 rupee note 10 paise coin
Established on 1 April 1935

Indian rupee 1,000 rupee note 10 paise coin Established on 1 April 1935

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History

Currency System From The Ancient Times To The British Period (tanka, jintal,

History Currency System From The Ancient Times To The British Period (tanka,
Rupiya)
Currency System After Independence
1950 (1 paisa, 1/2, 1 and 2 annas, 1/4, 1/2 and 1 rupee)
1938 (2, 5,10,1000 rupee notes)
1927–1946
1975 - devalued

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System of Notes Issue

Reserve Bank of India
40% - in gold coins,

System of Notes Issue Reserve Bank of India 40% - in gold
bullion, and foreign securities
60% - rupee coins, rupee securities
1956 - The minimum reserve system

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Printing of Notes and Minting of Coins

Nashik, Dewas, Bharatiya Reserve Bank Note

Printing of Notes and Minting of Coins Nashik, Dewas, Bharatiya Reserve Bank
Mudran Private Ltd. (BRBNMPL)
Government Mints at Mumbai, Kolkata, Noida and Hyderabad
12,000 million pieces of notes

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Convertibility

Convertibility
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