01-01-2018, 04:45 PM
*‘Indian Rupee’ became an independent currency with the establishment of RBI in 1935.
*Decimal system of coinage system was introduced in India in 1957.
*The current series of Bank notes are called Mahatma Gandhi series, introduced in 1996.
*The head of the Sub Committee that was formed by Central Government with 5 State Chief Ministers (and on of Puducherry) to enquire about the issue of demonetisation
Ans : N. Chandrababu Naidu
Pictures of Currencies
*5 Rupee - Tractor, Plough
*10 Rupee - Animals (Tiger,Rhinoceros, Elephant)
*20 Rupee - Mount Harriat, Port Blair
*50 Rupee - Indian Parliament
*100 Rupee - Himalaya/Hirakud
*500 Rupee - Red Fort
*2000 Rupee - Mangalyan
*In Indian Currency the amount is written in 17 languages alphabetically.
*Malayalam is the 7th language in Indian Currency Note.
*The design of bank notes is approved by the Central Government on the recommendation of the Central Board of the Reserve Bank of India.
Special Drawings Rights (SDR)
*A new form of international financial asset often referred to as ‘paper gold’ created by the international monetary fund (IMF) in 1970 to supplement gold and dollar in setting international balance to payments accounts.
Polymer Bank Notes
*Polymer bank notes were first developed by the Reserve Bank of Australia (RBA) in 1988.
*These bank notes are made from the polymer biaxially oriented polypropylene (BOPP)J which greatly enhances durability of the banknotes.
*Polymer, banknotes, also incorporate many, security features not available to paper bank .notes making counterfeiting much more difficult.
*In September 2009, the RBI decided to introduce polymer notes (polymer bank note) on a trial basis. According to the Reserve Bank officials, the polymer notes will have an average life span of 5 years (4 times more than the regular Indian bank notes).
*The place, in which polymer notes were first introduced in Kerala
Ans : Kochi
EURO
*Euro is the official currency: of European Union. The name Euro was officially adopted on 16th December 1995 and came into being on 1st January 1999. Euro entered m circulation on 1st January 2002.
*The number of European Union countries using Euro as their official currency
Ans : 19
*The country accept Euro as their official currency on Ist January 2015
Ans : Lithuania
