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Indian 2-paisa Coin
The Indian Two paise ( hi, दो पैसे) (singular: ''Paisa''), is a former denomination of the Indian Rupee. The 2 coin equals of the Indian Rupee. The symbol for Paisa is (). History Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin was called "Naya Paisa" (English: ''New Paisa''). On 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa". Paisa coins were issued as a part of "The Decimal Series". Mintage Two paise coins was minted only in the year 1964 at the India Government mint in Bombay (present day Mumbai) and borne symbol ⧫ (small dot/diamond) as mint mark. The coin was demone ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Paisa Symbol
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the Uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Pice
Paisa (also transliterated as ''pice'', ''pesa'', ''poysha'', ''poisha'' and ''baisa'') is a monetary unit in several countries. The word is also a generalised idiom for money and wealth. In India, Nepal, and Pakistan, the ''Paisa'' currently equals of a Rupee. In Bangladesh, the ''Poysha'' equals of a Bangladeshi Taka. In Oman, the ''Baisa'' equals of an Omani Rial. Etymology The word ''paisa'' is from the Sanskrit term ''padāṁśa'' (, basic unit), meaning 'quarter part base', from ''pada'' () "foot or quarter or base" and ''aṁśa'' () "part or unit". The pesa was also in use in colonial Kenya. The colloquial term for money in Burmese, ''paiksan'' (), is derived from the Hindi term ''paisa'' (). History Chaulukya coins were often called "Gadhaiya Paise" (9th-10th century CE). Until the 1950s in India and Pakistan (and before 1947 in British India), the paisa was equivalent to 3 pies, of an anna, or of a rupee. After the transition from a non-decimal currency to a d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Paisa
The Indian paisa ()(plural: ''paise'') is a (one-hundredth) subdivision of the Indian rupee. The paisa was first introduced on 1 April 1957 after decimalisation of the Indian rupee. In 1955, the Government of India first amended the ''Indian Coinage Act'' and adopted the "metric system for coinage". From 1957 to 1964, the paisa was called ''naya paisa'' () and on 1 June 1964, the term "naya" was dropped and the denomination was named ''paisa''. Paisa has been issued in 1, 2, 3, 5, 10, 20, 25, and 50 paise coins. History Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetised. Coins Naya paisa series (19571964) Paisa series (19642009) Mint mark * No mintmark = Kolkata * ⧫ = Mumbai mint * B = Mumbai Proof issues * * = Hyderabad * ° = Noida Noida, short for New Okhla Industrial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coin Orientation
Coin orientation (or coin alignment or variations of these) is the relation of the vertical orientation of the images on the obverse and reverse sides of coins to one another. The two basic relations are called ''medallic orientation'' and ''coin orientation''. Medallic orientation Medallic orientation (or ''medal alignment'', or variations of these) derives its name from medals tagged to a uniform. For a medal to display properly, when the obverse of the medal is right side up, a left or right turn must show the reverse also to be right side up. In other words, the tops of the obverse and reverse share the same position. In Britain this is sometimes called "British turnover". British coinage, most other Commonwealth coinage, Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mumbai
Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second-most populous city in India after Delhi and the eighth-most populous city in the world with a population of roughly 20 million (2 crore). As per the Indian government population census of 2011, Mumbai was the most populous city in India with an estimated city proper population of 12.5 million (1.25 crore) living under the Brihanmumbai Municipal Corporation. Mumbai is the centre of the Mumbai Metropolitan Region, the sixth most populous metropolitan area in the world with a population of over 23 million (2.3 crore). Mumbai lies on the Konkan coast on the west coast of India and has a deep natural harbour. In 2008, Mumbai was named an alpha world city. It has the highest number of millionaires and billionaires among all cities i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Indian Coinage Act, 1906
{{Infobox legislation , short_title = THE INDIAN COINAGE ACT, 1906 , legislature = Parliament of India , image = , imagesize = 150 , imagealt = , caption = , long_title = An Act to govern the laws related to Coinage and Mints in India , citation = , territorial_extent = India , enacted_by = 2 March 1906 , date_enacted = , date_passed = , enacted_by2 = , date_enacted2 = , date_passed2 = , date_assented = , signed_by = , date_commenced = , date_repealed = , administered_by = , bill = , bill_citation = , bill_date = , introduced_by = , 1st_reading = , 2nd_reading = , 3rd_reading = , conf_committee_passed = , committee_report = , bill2 = , bi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Pie
A pie (abbreviated as Ps) was a unit of currency in India, Burma and Pakistan until 1947. It was the smallest currency unit, equal to of a paisa, of an anna or of a rupee. During the mid-nineteenth century, one pie was worth 12 cowry. Minting of the pie ended in 1942, though it remained in circulation for a further five years. The pie was demonetised in 1947 as it had become practically worthless due to inflation.Until 1966, India was a member of the sterling area, with the rupee pegged to the British pound sterling and having a value of 1s 6d, or 18 (old) pence; a pie was therefore worth 0.09 old pence in 1947. In 1947, however, a single old penny had an estimated purchasing power of 14 new pence (in 2014 values). Therefore, a pie had a value of 1.3 pence in 2014. (Schedule of Par Values, Currencies of Metropolitan Areas, ''The Statesman's Year Book 1947,'' pg xxiii, Macmillan & Co.; measuringworth.com/ppoweruk/) Notation The first number is the number of rupees, the s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Anna
An anna (or ānna) was a currency unit formerly used in British India, equal to of a rupee. It was subdivided into four (old) Paisa or twelve pies (thus there were 192 pies in a rupee). When the rupee was decimalised and subdivided into 100 (new) paise, one anna was therefore equivalent to 6.25 paise. The anna was demonetised as a currency unit when India decimalised its currency in 1957, followed by Pakistan in 1961. It was replaced by the 5-paise coin, which was itself discontinued in 1994 and demonetised in 2011. The term anna is frequently used to express a fraction of . ''Anna'' is derived from the Sanskrit , meaning "food". There was a coin of one anna, and also half-anna coins of copper and two-anna pieces of silver. With the rupee having been valued to 1s 6d and weighing 180 grains as a 916.66 fine silver coin, the anna was equivalent to 9/8 d. Hence the 2 anna silver coins were of low weight (22.5 grains = 1.46 g). Anna-denominated postage stamps were issued du ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cupronickel
Cupronickel or copper-nickel (CuNi) is an alloy of copper that contains nickel and strengthening elements, such as iron and manganese. The copper content typically varies from 60 to 90 percent. (Monel is a nickel-copper alloy that contains a minimum of 52 percent nickel.) Despite its high copper content, cupronickel is silver in colour. Cupronickel is highly resistant to corrosion by salt water, and is therefore used for piping, heat exchangers and condensers in seawater systems, as well as for marine hardware. It is sometimes used for the propellers, propeller shafts, and hulls of high-quality boats. Other uses include military equipment and chemical, petrochemical, and electrical industries. Another common 20th-century use of cupronickel was silver-coloured coins. For this use, the typical alloy has 3:1 copper to nickel ratio, with very small amounts of manganese. In the past, true silver coins were debased with cupronickel, such as coins of the pound sterling from 1947 onwar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anno Domini
The terms (AD) and before Christ (BC) are used to label or number years in the Julian and Gregorian calendars. The term is Medieval Latin and means 'in the year of the Lord', but is often presented using "our Lord" instead of "the Lord", taken from the full original phrase "''anno Domini nostri Jesu Christi''", which translates to 'in the year of our Lord Jesus Christ'. The form "BC" is specific to English and equivalent abbreviations are used in other languages: the Latin form is but is rarely seen. This calendar era is based on the traditionally reckoned year of the conception or birth of Jesus, ''AD'' counting years from the start of this epoch and ''BC'' denoting years before the start of the era. There is no year zero in this scheme; thus ''the year AD 1 immediately follows the year 1 BC''. This dating system was devised in 525 by Dionysius Exiguus, but was not widely used until the 9th century. Traditionally, English follows Latin usage by placing the "AD" abbr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Decimalisation
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are to a power of 10, most commonly 100, and exceptionally 1000; and sometimes at the same time changing the name of the currency or the conversion rate to the new currency. Today, only two countries have non-decimal currencies: Mauritania, where 1 ouguiya = 5 khoums, and Madagascar, where 1 ariary = 5 iraimbilanja. However, these are only theoretically non-decimal, as, in both cases, the value of the main unit is so low that the sub-units are too small to be of any practical use and coins of the sub-units are no longer used. Russia was the first country to convert to a decimal currency when it decimalised under Tsar Peter the Great in 1704, resulting in the ru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
