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The Indian Rupee (symbol: ₹; code: INR) is the official currency of the Republic of India. The rupee is subdivided into 100 paise (Hindi plural; singular: paisa). The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank derives this role from powers vested to it by the Reserve Bank of India Act, 1934.
According to a 2018 report from the Reserve Bank of India ₹15.3 lakh crore (15.3 trillion rupees on the short scale) of the ₹15.41 lakh crore in demonetised bank notes, or approximately 99.3%, were deposited in banks, leading analysts to state that the effort had failed to remove black money from the economy.
India is a union consisting of 28 states and 8 union territories. [1] As of 2024, with an estimated population of 1.484 billion, India is the world's most populous country. India occupies 2.4% of the world's area and is home to 17.5% of the world's population. [2]
States and union territories of India by the spoken first language [1] [note 1]. The Republic of India is home to several hundred languages.Most Indians speak a language belonging to the families of the Indo-Aryan branch of Indo-European (c. 77%), the Dravidian (c. 20.61%), the Austroasiatic (precisely Munda and Khasic) (c. 1.2%), or the Sino-Tibetan (precisely Tibeto-Burman) (c. 0.8%), with ...
The Indian paisa (plural: paise) is a 1 ⁄ 100 (one-hundredth) subdivision of the Indian rupee. The paisa was first introduced on 1 April 1957 after decimalisation of the Indian rupee. [1] In 1955, the Government of India first amended the Indian Coinage Act and adopted the "metric system for coinage".
In FY 2019, India had approximately 192.5 million cattle. India also had 148.9 million goats, 109.9 million buffaloes, 74.3 million sheep, and 9.1 million pigs. [2] Milk production in FY 2022-23 was estimated to have reached 230.58 million tons (459 (gms/day/capita) (increased from 221.06 million tonnes, and 444 gm/day/capita in 2021-22), [3] and egg production had reached a level of 138.38 ...
One millionth is equal to 0.000 001, or 1 x 10 −6 in scientific notation.It is the reciprocal of a million, and can be also written as 1 ⁄ 1,000,000. [1] Units using this fraction can be indicated using the prefix "micro-" from Greek, meaning "small". [2]
Ridership on India's suburban railways has risen from 1.2 million in 1970–71 to 4.4 million in 2012–13. The suburban railways of Mumbai, Kolkata and Chennai occupy no more than 7.1% of the Indian Railways network, but account for 53.2% of all railway passengers. [ 129 ]