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Build financial literacy: Many apps incorporate learning through interactive features, games and age-appropriate lessons that help children grasp key money concepts naturally.
The Indian government introduced the Gulf rupee as a replacement for the Indian rupee for circulation outside the country with the Reserve Bank of India (Amendment) Act of 1 May 1959. [105] The creation of a separate currency was an attempt to reduce the strain on India's foreign reserves from gold smuggling.
RBI Monetary Museum or Reserve Bank of India Monetary Museum is a museum in Fort, Mumbai that covers the evolution of money in India, from the earliest barter system and the use of cowries to paper money, coins, stock markets and modern-day electronic transactions.
1973 Indian proof set of coins. Coins of the Indian rupee (₹) were first minted in 1950. [1] New coins have been produced annually since then and they make up a valuable aspect of the Indian currency system. Today, circulating coins exist in denominations of 1, 2, 5, 10, and 20 rupees.
George V series: A series carrying the portrait of George V were introduced in 1923, and was continued as an integral feature of all paper money issues of British India. These notes were issued in denominations of ₹1, ₹ 2 + 1 ⁄ 2 , ₹5, ₹10, ₹50, ₹100, ₹1,000, and ₹10,000.
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The Revised Standard Reference Guide to Indian Paper Money is a 2012 book by Rezwan Razack and Kishore Jhunjhunwalla. [1] [2] The book is a comprehensive compilation of facts, milestones, and other details regarding paper money in India. It was published in India by Coins & Currencies.
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