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An anna (or ānna) was a currency unit formerly used in British India, equal to 1 ⁄ 16 of a rupee. [1] 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 6.25 paise.
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 valued relative to the basic unit by a power of 10, most commonly ...
It comprises the Indian Army, the Indian Navy, the Indian Air Force, and the Indian Coast Guard. [288] The official Indian defence budget for 2011 was US$36.03 billion, or 1.83% of GDP. [ 289 ] Defence expenditure was pegged at US$70.12 billion for fiscal year 2022–23 and, increased 9.8% than previous fiscal year.
Some variances in coin size and weight occurred over time, especially as the value of silver varied. In particular, many silver coins changed in the 1870s. [ 4 ] The figures cited in the tables are representative of the series, and are generally the latest, or most common, figures for a given coin type.
Indian cultural influence (Greater India) Timeline of Indian history. Chandragupta Maurya overthrew the Nanda Empire and established the first great empire in ancient India, the Maurya Empire. India's Mauryan king Ashoka is widely recognised for his historical acceptance of Buddhism and his attempts to spread nonviolence and peace across
In 1915, the mint issued the Panama–Pacific half union, which had a face value of $50. This was the first time a commemorative coin was produced in a denomination that was not issued for circulation (a half union coin was proposed, but was never released into circulation). The coin was offered in both round and octagonal versions, the latter ...
It was an immediate success, with Paine estimating it sold 100,000 copies in three months to the two million residents of the 13 colonies. During the course of the American Revolution, one biographer estimated a total of about 500,000 copies were sold, including unauthorized editions. [6] [37] However, some historians dispute these numbers. [38]
India has among the most complicated minimum wage laws, with over 1200 minimum wages across the country, depending on the regional level of villages, tehsils, towns and cities and their individual expenses. For example, Mumbai has a minimum wage of Rs. 348/month (as of 2017) while the minimum wages in Nashik and villages in Bihar are far lesser.