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The Indian 1-rupee note (₹1) is made up of hundred 100 paise as ₹1 = 100 paise. Currently, it is the smallest Indian banknote in circulation and the only one being issued by the Government of India , as all other banknotes in circulation are issued by the Reserve Bank of India .
2023 – Reserve Bank of India issued a circular on 19 May stating currency notes of ₹ 2000 denomination will be withdrawn from circulation [90] The reason given for this withdrawal is the decline in the number of currency notes in circulation. According to the circular, there were only 10.8% of Notes in Circulation on March 31, 2023.
The Indian 5-rupee note (₹5) is the second smallest Indian note in circulation. The Reserve Bank of India introduced the 5 rupee banknote as part of the Mahatma Gandhi Series in 1996. [ 1 ] The printing of notes in the denominations of ₹5 , however, has been discontinued [ citation needed ] as these denominations have been coinised but ...
Indian 1-rupee note; Indian 2-rupee note; Indian 5-rupee note; Indian 10-rupee note; Indian 20-rupee note; Indian 50-rupee note; Indian 100-rupee note; Indian 200-rupee note; Indian 500-rupee note; Indian 1000-rupee note; Indian 2000-rupee note
The Indian rupee was the official currency of Dubai and Qatar until 1959, when India created a new Gulf rupee (also known as the "external rupee") to hinder the smuggling of gold. [16] The Gulf rupee was legal tender until 1966, when India significantly devalued the Indian rupee and a new Qatar-Dubai riyal was established to provide economic ...
The Indian numbering system is used in Indian English and the Indian subcontinent to express large numbers. Commonly used quantities include lakh (one hundred thousand) and crore (ten million) – written as 1,00,000 and 1,00,00,000 respectively in some locales. [1]
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Currently, one rupee coin is the smallest Indian coin in circulation. Since 1992, one Indian rupee coins are minted from stainless steel . Round in shape, the one rupee coins weighs 3.76 grams (58.0 grains), has a diameter of 21.93-millimetre (0.863 in) and thickness of 1.45-millimetre (0.057 in).