INR FULL FORM
Full Form of INR : Indian Rupee
What is the full form of INR?
No:1. The full form of INR is Indian Rupee.
No:2. INR is The Republic of India’s official currency.
No:3. It is approved and controlled by RBI (Indian Reserve Bank).
No:4. The Rupee was divided into 100 paise in 1957, that is
1 Rupee = 100 paise
No:5. Based on the Reserve Bank of India Act of 1934, the RBI manages currency in India and performs its role in currency management.
No:6. Since 2010, INR has been referred to as “₹” instead of Rs. Udaya Kumar configured it.
No:7. The lowest value used in the nation is one rupee coin, but one Rupee was demonized in 2019.
No:8. The RBI issues rupee coins in different metals for denominations like 50 paise 1 rupee, 2 rupees 5 rupees and 10 rupee coins.
No:9. Most of those coins incorporate king Ashoka.
No:10. The RBI issued banknotes in amounts including one, two, five, ten, twenty, fifty, hundred, two hundred, five hundred, and two thousand.
No:11. Each of these denominations appears on the opposite end of Mahatma Gandhi’s portrait except in the one rupee note.
No:12. The one rupee note bears a picture of a rupee-coin.
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Various types of INR
The various types of INR in coins and rupees are listed below :
Coins
No:1. One Rupee
No:2. Two Rupee
No:3. Five Rupee
No:4. Ten Rupee
Notes
No:1. One Rupee
No:2. Two Rupee
No:3. Five Rupee
No:4. Ten Rupee
No:5. Twenty Rupee
No:6. Fifty Rupee
No:7. One Hundred Rupee Note
No:8. Two Hundred Rupee Note
No:9. Five Hundred Rupee Note
No:10. Two Thousand Rupee Note
Security issues in INR
No:1. Implementation of security features in Indian rupees is very critical in maintaining legitimate transactions in the Indian economy as there is always a chance of duplication of Indian Rupee notes.
No:2. The duplicate notes could be the massive cause of the economy’s weakening and decline.
In order to avoid duplication, the following points are included :
No:1. Attach safety thread
No:2. Using Identification Tags
No:3. Usage of watermark
No:4. Usage of fluorescence and optically variable ink.
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Important MCQ’s
Que.-1. ‘एलीफैंटा पास’ किस देश में स्थित है ?
(a) भारत
(b) श्रीलंका
(c) भूटान
(d) नेपाल
Ans (b) श्रीलंका
Que.-2. प्राचीन सिक्कों पर वीणा बजाते हुए किस शासक को दिखाया गया है?
(a) समुद्रगुप्त
(b) चन्द्रगुप्त-II
(c) स्कंदगुप्त
(d) इनमें से कोई नहीं
Ans (a) समुद्रगुप्त