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Indian 1-rupee Coin
The Indian 1-rupee coin (₹1) is an Indian coin worth one Indian rupee and is made up of a hundred paisas. 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 , has a diameter of and thickness of . In independent India, one rupee coins was first minted in 1950 and is currently in circulation. History Sur Empire Sher Shah Suri, the founder of the Sur Empire ruled North India from 1540 to 1545 AD.Majumdar, R.C. (ed.) (2007). ''The Mughul Empire'', Bharatiya Vidya Bhavan, , p.83 During his reign, Suri issued pure silver coins in 1542 and named it ''Rupiya'' (from Sanskrit रौप्य, raupya, meaning silver). The denomination remained in usage through the Mughal, Maratha, East India company and British rules. The rupiya was retained by the East India company till 1835 and formed the basis of the British Raj currency till 1947. Each rupiya coin weigh ...
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Stainless Steel
Stainless steel is an alloy of iron that is resistant to rusting and corrosion. It contains at least 11% chromium and may contain elements such as carbon, other nonmetals and metals to obtain other desired properties. Stainless steel's corrosion resistance, resistance to corrosion results from the chromium, which forms a Passivation (chemistry), passive film that can protect the material and self-healing material, self-heal in the presence of oxygen. The alloy's properties, such as luster and resistance to corrosion, are useful in many applications. Stainless steel can be rolled into Sheet metal, sheets, plates, bars, wire, and tubing. These can be used in cookware, cutlery, surgical instruments, major appliances, vehicles, construction material in large buildings, industrial equipment (e.g., in paper mills, chemical plants, water treatment), and storage tanks and tankers for chemicals and food products. The biological cleanability of stainless steel is superior to both alumi ...
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Denomination (currency)
Denomination is a proper description of a currency amount, usually for coins or banknotes. Denominations may also be used with other means of payment such as gift cards. For example, ''five euros'' is the denomination of a five-euro note. Subunit and super unit In a currency, there is usually a main unit (base) and a subunit that is a fraction of the main unit. In some countries, there are multiple levels of subunits. In the former Ottoman Empire, 1 lira = 100 kuruş = 4000 para = 12000 akçe. Today, only a few places have more than one subunit, notably the Jordanian dinar is divided into 10 dirham, 100 qirsh/piastres, or 1000 fils. Many countries where Western European languages are spoken currently have their main units divided into 100 subunits. Some currencies that previously had subunits no longer do, because inflation has rendered the subunit useless. A prominent example is the Japanese yen, which was formerly divided into 100 sen or 1000 rin. Both subunits were demone ...
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Queen Victoria
Victoria (Alexandrina Victoria; 24 May 1819 – 22 January 1901) was Queen of the United Kingdom of Great Britain and Ireland from 20 June 1837 until Death and state funeral of Queen Victoria, her death in 1901. Her reign of 63 years and 216 days was longer than that of List of monarchs in Britain by length of reign, any previous British monarch and is known as the Victorian era. It was a period of industrial, political, scientific, and military change within the United Kingdom, and was marked by a great expansion of the British Empire. In 1876, the British Parliament voted to grant her the additional title of Empress of India. Victoria was the daughter of Prince Edward, Duke of Kent and Strathearn (the fourth son of King George III), and Princess Victoria of Saxe-Coburg-Saalfeld. After the deaths of her father and grandfather in 1820, she was Kensington System, raised under close supervision by her mother and her comptroller, John Conroy. She inherited the throne aged 18 af ...
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William IV Of The United Kingdom
William IV (William Henry; 21 August 1765 – 20 June 1837) was King of the United Kingdom of Great Britain and Ireland and King of Hanover from 26 June 1830 until his death in 1837. The third son of George III, William succeeded his elder brother George IV, becoming the last king and penultimate monarch of Britain's House of Hanover. William served in the Royal Navy in his youth, spending time in North America and the Caribbean, and was later nicknamed the "Sailor King". In 1789, he was created Duke of Clarence and St Andrews. In 1827, he was appointed Britain's first Lord High Admiral since 1709. As his two elder brothers died without leaving legitimate issue, he inherited the throne when he was 64 years old. His reign saw several reforms: the Poor Law was updated, child labour restricted, slavery abolished in nearly all of the British Empire, and the electoral system refashioned by the Reform Acts of 1832. Although William did not engage in politics as m ...
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Reserve Bank Of India
The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in two of its currency printing presses located in Nashik (Western India) and Dewas (Central India). RBI established the National Payments Corporation of India as one of its specialised division to regulate the payment and settlement systems in India. Deposit Insurance and Credit Guarantee Corporation was established by RBI as one of its specialised division for the purpose of providing insurance of deposits and guaranteeing of credit facilit ...
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Farrukhsiyar
Farrukhsiyar or Farrukh Siyar () (20 August 16839 April 1719) was the tenth emperor of the Mughal Empire from 1713 to 1719. He rose to the throne after assassinating his uncle, Emperor Jahandar Shah. Reportedly a handsome man who was easily swayed by his advisers, he lacked the ability, knowledge and character to rule independently. He was an emperor only in name, with all effective power in the hands of the Sayyids of Barah. Farrukhsiyar was the son of Azim-ush-Shan (the second son of emperor Bahadur Shah I) and Sahiba Niswan. Early life Muhammad Farrukhsiyar was born on 20 August 1683 (9th Ramzan 1094 AH) in the city of Aurangabad on the Deccan plateau. He was the second son of Azim-ush-Shan, who was a grandson of the Mughal emperor Aurangzeb and son of the later emperor Bahadur Shah I. In 1696, Farrukhsiyar accompanied his father on his campaign to Bengal. Aurangzeb recalled Azim-ush-Shan from Bengal in 1707 and instructed Farrukhsiyar to take charge of the province. F ...
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Portuguese Indian Rupia
The rupia was the currency of Portuguese India sometime after 1668 until 1958. Prior to 1668, the currency unit was ''Xerafim'' (''xerafin'', ''xeraphin''). In 1666, the Portuguese administration struck a silver coin calling it double ''xerafin'' and this was declared equal to a rupia in circulation in India outside of Portuguese possessions. A ''xerafim'' was a convertible subunit of ''rupia'', and it was unique to Portuguese colonies in India. One rupia equalled two xerafims. In decades that followed, the double ''xerafin'' came to be known in Goa and other Portuguese Indian territories simply as rupia (or Portuguese Indian rupia) was subdivided into units such as ''reis'' (''real'') and ''pardao'' that mirrored the currency terms introduced by Portuguese officials in other colonies worldwide. History Before 1871, the rupia was subdivided into 750 ''bazarucos'', 600 ''réis'' (singular: ''real''), 20 ''pardaus'' or 10 ''tangas''. A rupia equaled two ''xerafims''. After 1871, ...
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Portuguese India
The State of India ( pt, Estado da Índia), also referred as the Portuguese State of India (''Estado Português da Índia'', EPI) or simply Portuguese India (), was a state of the Portuguese Empire founded six years after the discovery of a sea route to the Indian subcontinent by Vasco da Gama, a subject of the Kingdom of Portugal. The capital of Portuguese India served as the governing centre of a string of military forts and trade posts scattered all over the Indian Ocean. The first viceroy, Francisco de Almeida established his base of operations at Fort Manuel, after the Kingdom of Cochin negotiated to become a protectorate of Portugal in 1505. With the Portuguese conquest of Goa from the Bijapur Sultanate in 1510, Goa became the major anchorage for the Portuguese Armadas arriving in India. The capital of the viceroyalty was transferred from Cochin in the Malabar region to Goa in 1530. From 1535, Mumbai (Bombay) was a harbour of Portuguese India as '' Bom Bahia'', unt ...
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French Indian Rupee
The roupie or rupee was the currency of French India. It was equal to the Indian rupee issued by the British and then Indian governments. One rupee was worth 2.40 '' francs-or''. Until 1871 it was issued as coins with the roupie divided into 8 ''fanons'', each of 3 ''doudous'' or 20 ''cash''. From 1891, banknotes were issued by the Banque de l'Indochine, which circulated alongside coins issued by British India. Table of 1843 exchange rates See also * Puducherry * French India French India, formally the ( en, French Settlements in India), was a French colony comprising five geographically separated enclaves on the Indian Subcontinent that had initially been factories of the French East India Company. They were '' ... * Madras fanam References *Annuaire statistique des établissements français dans l'Inde By Pierre-Constant Sicé, 1843. External linksFrench Indian rupee at the currency museum of the Reserve Bank of India Modern obsolete currencies Former Fren ...
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French India
French India, formally the ( en, French Settlements in India), was a French colony comprising five geographically separated enclaves on the Indian Subcontinent that had initially been factories of the French East India Company. They were ''de facto'' incorporated into the Republic of India in 1950 and 1954. The enclaves were , Karikal, Yanaon (Andhra Pradesh) on the Coromandel Coast, Mahé on the Malabar Coast and Chandernagor in Bengal. The French also possessed several ('lodges', tiny subsidiary trading stations) inside other towns, but after 1816, the British denied all French claims to these, which were not reoccupied. By 1950, the total area measured , of which belonged to the territory of . In 1936, the population of the colony totalled 298,851 inhabitants, of which 63% (187,870) lived in the territory of Pondichéry. Context France was the last of the major European maritime powers of the 17th century to enter the East India trade. Six decades after the ...
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Danish Indian Rupee
The Danish Indian rupee was the currency of Danish India. It was subdivided into 8 ''fano'', each of 80 ''kas''. In 1845, Danish India became part of British India and the local rupee was replaced by the Indian rupee The Indian rupee ( symbol: ₹; code: INR) is the official currency in the republic of India. The rupee is subdivided into 100 ''paise'' (singular: ''paisa''), though as of 2022, coins of denomination of 1 rupee are the lowest value in use wh .... Modern obsolete currencies Historical currencies of India Danish India 1845 disestablishments Currencies of the Kingdom of Denmark {{Money-unit-stub ...
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Danish India
Danish India () was the name given to the colonies of Denmark (Denmark–Norway before 1814) in the Indian subcontinent, forming part of the Danish colonial empire. Denmark–Norway held colonial possessions in India for more than 200 years, including the town of Tharangambadi in present-day Tamil Nadu state, Serampore in present-day West Bengal, and the Nicobar Islands, currently part of India's union territory of the Andaman and Nicobar Islands. The Danish and Norwegian presence in India was of little significance to the major European powers as they presented neither a military nor a mercantile threat. Dano-Norwegian ventures in India, as elsewhere, were typically undercapitalised and never able to dominate or monopolise trade routes in the same way that British, French, and Portuguese ventures could. Despite these disadvantages, the Danish-Norway concerns managed to cling to their colonial holdings and, at times, to carve out a valuable niche in international trade by tak ...
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