When did 500 rs note introduced in India?

(India)
Years of printing 10 November 2016 – present
Obverse
Design Mahatma Gandhi
Designer Reserve Bank of India

What was Indian currency before 1947?

The rupee was never equal to the dollar. At the time of independence (in 1947), India’s currency was pegged to pound sterling, and the exchange rate was a shilling and six pence for a rupee — which worked out to Rs 13.33 to the pound.

What is on 50 rs note?

The (₹50) is a denomination of the Indian rupee. The present ₹50 banknote in circulation is a part of the Mahatma Gandhi New Series of banknotes.

Indian 50-rupee note.

(India)
Years of printing August 2017 – present
Obverse
Design Mahatma Gandhi
Designer Reserve Bank of India

Who made the coin in India?

The designing and minting of coins in various denominations is also the responsibility of the Government of India. Coins are minted at the four India Government Mints at Mumbai, Alipore(Kolkata), Saifabad(Hyderabad), Cherlapally (Hyderabad) and NOIDA (UP).

Who first used currency?

The Mesopotamian shekel – the first known form of currency – emerged nearly 5,000 years ago. The earliest known mints date to 650 and 600 B.C. in Asia Minor, where the elites of Lydia and Ionia used stamped silver and gold coins to pay armies.

Is there 10000 rupees note in India?

It was first introduced by the Reserve Bank of India in 1938 under British rule and subsequently demonetized in 1946. Post-independence, the denomination was re-introduced in 1954. In January 1978, all high-denomination banknotes of ₹1000, ₹5,000, and ₹10,000 were demonetized in order to curb unaccounted cash money.

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Which paper is used for Indian currency?

The paper currently being used for printing of banknotes in India is made by using 100% cotton.

Indian Currency.

Denomination Month and year of introduction
₹10 June 1996
₹20 August 2001
₹50 March 1997
₹100 June 1996
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