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The Indian 5-rupee note (₹5) is the second smallest Indian note in circulation. The Reserve Bank of India introduced the 5 rupee banknote as part of the Mahatma Gandhi Series in 1996. [ 1 ] The printing of notes in the denominations of ₹5 , however, has been discontinued [ citation needed ] as these denominations have been coinised but ...
[3] [4] The book traces the evolution of Indian currency dating back to 1770. It captures the various nuances of modern-day currency as well as incidents that helped shape this sector over the years. [5] The book is in its second edition—the first was authored by Jhunjhunwalla, whose collection was later purchased by Rezwan Razack. The ...
Banknotes of denominations of ₹5, ₹10, ₹20, ₹50, ₹100, ₹500 and ₹1000 of the Mahatma Gandhi Series. The Gandhi Series of banknotes are issued by the Reserve Bank of India (RBI) as the legal tender of Indian rupee. The series is so called because the obverse of the banknotes prominently display the portrait of Mahatma Gandhi.
The 2 rupee coin was not minted again till 1990, after which it was minted every following year. Stainless steel coinage of 10, 25 and 50 paisa was introduced in 1988. In 1992, a new stainless steel rupee coin, smaller and lighter than the older rupee, was minted, alongside a 5 rupee Cupronickel coin.
Value ₹ 5: Mass: 6.80 g: Diameter: 23 mm: Edge: reeded: ... The Indian 5 rupee coin is a denomination of the Indian rupee. ... Money portal; Numismatics portal ...
The 1939 rupee is the most expensive rupee, as after 1939 all silver coins effectively became less pure, due to the shortage of silver during World War II. The 1947 rupee, half rupee, quarter rupee and anna coins are also of special interest to collectors, since that was the last year British issued coins were circulated in India.
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In 1913, John Maynard Keynes writes in his book Indian Currency and Finance that during the financial year 1900–1901, gold coins (sovereigns) worth £6,750,000 were given to the Indian people in the hope that they would circulate as currency. But against the expectation of the Government, not even half of that was returned to accounts.