INDIAN CURRENCY

WHAT IS THE INDIAN CURRENCY CALLED

◦The Indian currency is called the Indian Rupee (INR) and the coins are called paise. One Rupee consists of 100 paise. The word Rupee came from the Sanskrit word "raupya" which means silver coin. 

◦ The Reserve Bank of India (RBI) is the body that is in charge of India's numismatics and currency production and is India's National Bank

◦ The present denominations of bank notes in India are issued in the denomination of Rs.10, Rs.20, Rs.50, Rs.100 and Rs.500. These notes are called bank notes as they are issued by the Reserve Bank of India (Reserve Bank). The printing of the 1, 2 & 5 denominations has been discontinued as these denominations have been coinised. However, such notes issued earlier are still in circulation

COINS◦ Coins in India are available in denominations of 10 paise, 20

paise, 25 paise, 50 paise, one rupee, two rupees and five rupees. Coins up to 50 paise are called 'small coins' and coins of Rupee one and above are called 'Rupee Coins'.

◦ There cannot though be notes in denominations higher than ten thousand rupees in terms of the current provisions of the Reserve Bank of India Act, 1934.

◦ Coins can be issued up to the denomination of Rs.1 000. The Reserve Bank manages currency in India, by deciding on the various denominations, designing of bank notes, including the security features. The Reserve Bank also estimates the quantity of notes that are likely to be needed.

◦ Indian Flag   

◦ JANA GANA MANA - Indian National Anthem  

◦VANDE MATARAM -Indian Ntional Song

◦ LOTUS - Indian National Flower   

◦ TIGER - Indian National Animal   

◦PEACOCK - Indian National Bird

◦ LION OF SARNATH - IndianNational Emblem   

◦HINDI - Indian National Language  

◦RUPEE & PAISE - Indian National Currency

◦ The present denominations of bank notes in India are issued in the denomination of Rs.10, Rs.20, Rs.50, Rs.100 and Rs.500. These notes are called bank notes as they are issued by the Reserve Bank of India (Reserve Bank). The printing of the 1, 2 & 5 denominations has been discontinued as these denominations have been coinised. However, such notes issued earlier are still in circulation

NOTE OF 1 RUPEE

NOTE OF 2 RUPEE

NOTE OF 5 RUPEE

NOTE OF 10 RUPEE

NOTE OF 20 RUPEE

NOTE OF 50 RUPEE

NOTE OF 100 RUPEE

NOTE OF 500 RUPEE

NOTE OF 1000 RUPEE

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