INDIAN ECONOMICS 19
#1

Story of Coins
* In India the earliest coins were ‘punch marked’ coins.
*The Kushans were the first Indian empire to introduce gold coins in India.
*The perfect type of gold coins were first issued during Gupta period.
*‘Rupiya’ is a coin issued by Shersha.
*‘Jital’ and ‘Tanka’ were two types of coins issued by Iltutmish, made by Copper and Silver respectively.
*‘Token Currency’ system was firstly introduced during Muhammad-bin-Tughlaq reign.
*The oldest coin in Kerala is Rasi 
*‘Ezhakash  was a zelonic version of coin existed in Kerala.
*‘Anantharaya’ ‘Ananthavaraha’  were the two gold coins of Travancore Kings.
*‘Veerarayan pana’  was issued by Zamorin of Kozhikode.
*‘Anakash’ ‘Sultan Kash’  etc. were existed during the period of Mysore Sultans.
*‘Puthan’was the coin of Kochi Kings.

Coins in India
*The study of coins is known as Numismatics.
*India’s first bimetallic coin issued by R.B.I. is 10 rupees coin mentioning two themes such as 'Unity in Diversity’ and 

‘Connectivity and Information Technology’.
*10 rupee coin was minted for the first time in 2005
*Coins are usually minted at four India government mints 
Ans : Kolkata, Mumbai, Hyderabad and Noida
*The earliest mints of India are Calcutta and Bombay.
*The last mint established (1988) in India is at  Noida.
*The first Indian commemorative coin was issued in 1964 to mourn the death of Jawaharlal Nehru.
*A coin of 150 rupees was released in which bears the portrait of Chanakya, lotus and honey bee, to mark 1.50 years of India’s income tax department.
*Highest denomination coin in India is coin of 1000 rupees, to commemorate 1000 years of brihadeswara temple.

 
Mints & Press
* Postal and Judicial stamps
Ans : Indian Security Press, Nasik (Maharashtra)
* Paper for currency
Ans : Security Paper mill, Hoshangabad (M.P.)
* Bank note printing
Ans : Bank note press, Devas (M.P.), Mysore and Salboni
*Minting of gold medals
Ans : Kolkata and Noida
*Security printing press 
Ans : Hyderabad 

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