{"id":880,"date":"2021-04-05T16:06:12","date_gmt":"2021-04-05T10:36:12","guid":{"rendered":"https:\/\/www.digitalclassworld.com\/blog\/?p=880"},"modified":"2022-06-27T16:20:32","modified_gmt":"2022-06-27T10:50:32","slug":"full-form-of-inr","status":"publish","type":"post","link":"https:\/\/www.digitalclassworld.com\/blog\/full-form-of-inr\/","title":{"rendered":"Full form of INR"},"content":{"rendered":"\n

INR is the Republic of India\u2019s official currency. It is controlled and managed by the Reserve bank of India. In 1957, the rupee was partitioned into 100 paisa,<\/p>\n\n\n\n

i.e.  1 Rupee = 100 Paisa<\/p>\n\n\n\n

According to the Reserve Bank of India 1934, RBI derives the roles and responsibilities in currency management. Since 2010, INR is specified as Devanagari Consonant \u201c\u20b9<\/strong>\u201d instead of \u201cRs.\u201d. The symbol \u201c\u20b9<\/strong>\u201d designed by D. Udaya Kumar. The lowest value used in India is the One rupee coins. In India, the issuance of currencies managed by the RBI.<\/p>\n\n\n\n

The coins for denominations are available in different metals like, 1, 2, 5, 10 rupee coins. And Ashoka is featured on these all coins. The banknotes issued by RBI in denominations are such as, one, two, five, ten, twenty, fifty, hundred, two hundred, five hundred and two thousand. And the Mahatma Gandhi portrait is featured on all these denominations (except the one Rupee note). The picture of one rupee coin is shown on the one rupee note.<\/p>\n\n\n\n

Types of INR<\/strong><\/h2>\n\n\n\n

The various types of INR are given below:<\/p>\n\n\n\n

Coins of India<\/strong><\/h2>\n\n\n\n
  1. One Rupee<\/li>
  2. Two Rupee<\/li>
  3. Five Rupee<\/li>
  4. Ten Rupee<\/li><\/ol>\n\n\n\n

    Notes of India<\/strong><\/h2>\n\n\n\n
    1. One Rupee<\/li>
    2. Two Rupee<\/li>
    3. Five Rupee<\/li>
    4. Ten Rupee<\/li>
    5. Twenty Rupee<\/li>
    6. Fifty Rupee<\/li>
    7. One hundred Rupee<\/li>
    8. Two hundred Rupee<\/li>
    9. Five hundred Rupee<\/li>
    10. Two thousand Rupee<\/li><\/ol>\n\n\n\n

      Security Issues in Indian Rupee<\/strong><\/h2>\n\n\n\n

      The security features are the main concern for Indian rupees because there is always chance for duplication of Indian rupee notes. The duplicate rupee notes may create critical causes for Indian economy.<\/p>\n\n\n\n

      There are following features are measured to avoid the duplication:<\/p>\n\n\n\n

      • Watermarking<\/li>
      • Use of identification tags<\/li>
      • Fluorescence<\/li>
      • Insert security thread<\/li>
      • Usage of optically variable ink<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"

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