India Government Mint, MumbaiThe India Government Mint, Mumbai is one of the four mints in India and is in the city of Mumbai. The mint was established in 1824 by the then governor of the Bombay Presidency. Its main activity is the production of commemorative and development-oriented coins. The mint is opposite the Reserve Bank of India in the Fort area of South Mumbai.Pie (monetary subunit)A pie (abbreviated as Ps) was a unit of currency in British India (now the independent nations of India, Burma, Pakistan and Bangladesh) until 1947. It was the smallest currency unit, equal to 1⁄3 of a pice, 1⁄12 of an anna or 1⁄192 of a rupee. HistoryShell currency had been used before coins became widespread, during the mid-nineteenth century, one pie was equivalent to about 12 cowry.
Indian rupeeThe Indian rupee (symbol: ₹; code: INR) is the official currency of India and the erstwhile British Raj. The rupee is subdivided into 100 paise (singular: paisa). The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank derives this role from powers vested in it by the Reserve Bank of India Act, 1934. It is the world's eleventh-most-traded currency as of April 2025.
Government of IndiaThe Government of India (Devanagari: भारत सरकार; IAST: Bhārata Sarakāra; legally, the Union Government, the Union of India or the Central Government) is the national authority of the Republic of India, established in accordance with the Constitution of India. As outlined in Part I, India is a "Union of States", a term often used interchangeably to refer to the "Union Government" or the Government of India, representing the central authority.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 unitIn 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.India Government Mint, KolkataThe India Government Mint, Kolkata was first established in 1757, and was located in a building next to the Black Hole in the old fort – where the GPO (General Post Office) stands today. It was called the Calcutta Mint and used to produce coins with the mint name Murshidabad. Second mintThe second Calcutta Mint was established with the modern machinery brought in 1790 from England.
Anna (monetary subunit)An anna (or ānna) was a currency unit formerly used in British India, equal to 1/16 of a rupee. It was subdivided into four pices 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+1/4 paise. The anna was demonetised as a currency unit when India decimalised its currency in 1957, followed by Pakistan in 1961.DecimalisationDecimalisation 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.India Government Mint, HyderabadIndia Government Mint, Hyderabad is one of the four mints in India. Based in Cherlapally, Secunderabad (twin city of Hyderabad) in the Indian state of Telangana, the mint was originally established in 1803 AD as the Royal Mint to serve as the mint for the Nizam of Hyderabad. The mint was founded by Mir Akbar Ali Khan Sikander Jah, Asaf Jah III and was originally situated at Sultan Sahi in Moghalpura suburb of Hyderabad city.
Metric systemA system of measurement is a frame in which physical qualities (such as length, weight, temperature, etc.) can be quantified with numbers. Among many systems of measurement, the metric system refers to ones, each standardises a set of base units and a nomenclature describing relatively large and small quantities using decimal-based multiplicative unit prefixes (such as kilo and milli).
PaisaPaisa (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 1⁄100 of a rupee. In Bangladesh, the paisa equals 1⁄100 of a Bangladeshi taka. In Oman, the baisa equals 1⁄1000 of an Omani rial.
CoinA coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. The faces of coins or medals are sometimes called the obverse and the reverse, referring to the front and back sides, respectively.*As an Amazon Associate I earn from qualifying purchases.