The origin of the universe can be explained by modern astronomers and astrophysicists, while archaeologists and historians try to clarify the origin of human societies. A mythology is a collection of stories about a specific culture or religion. They often feature supernatural characters. Continue reading Mythology Featured on Early Indian Banknotes
Are Coins and Notes a source of Covid-19 Contamination? First time in the history of humankind, every human from every corner of the world is affected by the Covid-19 pandemic. Such an atmosphere creates unprecedented panic and anxiety among the people. Due to the ongoing research about the cause and medium of a breakout, everything is under suspicion including currency notes and coins. The major objectives of Mintage World are to enhance the correct understanding of the evolving Covid-19, to share knowledge about preventive measures to avoid Covid-19 viruses. Continue reading Are Coins and Notes a source of Covid-19 Contamination?
India has a magnificent history. All of it is beautifully reflected in the architecture and monuments that the country is adorned with. Some of them are as old as a thousand long years. Historical Monuments printed on Indian Currency will give you an overview of the country’s illustrious past. Let’s take a tour then! After the demonetization of the Rs 500 and Rs 1000 currency notes on November 8, 2016, we’ve seen 7 new currency notes from the Reserve Bank of India (RBI). The new Indian banknotes with value 100, 200 and 500 rupees depict three of the most beautiful Historical Monuments. Continue reading Historical Monuments printed on Indian Currency
The Persian Gulf Rupee or the Gulf Rupee was a currency issued by the Government of India and the Reserve Bank of India for use in the Persian Gulf and the Arabic peninsula. The Indian rupee was an official currency in several areas that were controlled by the British and governed from India and it was a legal tender in the Gulf countries up till 1966.
The Rupee that we keep in our pockets has a long and an interesting past. There is a long history of inventions, adaptations and modifications of Indian Currency from Barter System – Coins – Paper Money – Digital Currency! Among them, the paper money – which mainly constitutes Banknotes of Pre–Independence, and Post–Independence of India – has opened new gates of interest and research. After the Re.1 note stepped into a new century in 1917, it is time to give cheers to the Platinum Jubilee of the second smallest denomination of the India Currency Note i.e. Rs. 2 Note. The subsequent years marked many changes in the motifs and the appearance Two Rupees Note. Here’s the Tale of Rs. 2 Note!
One Rupee Note is the smallest Indian paper denomination in India. But how many of us know that the One Rupee note still exists?
Well… Not many. But yes, the One Rupee note still exists and is accepted as a legal tender of exchange. And this One Rupee note is celebrating its 100th Birthday today. Yeah!! You heard it right.
Tomorrow, i.e. 30th November 2017, we will be celebrating the 100th birthday of One Rupee note! Rupee as a denomination was known in India since ancient period, but its significance was noticed in the later medieval era. It was the time when India saw the most interesting changes on its administrative and political platforms. The distance between east and west was reduced through trade, Europeans like Portuguese and French came to India. Their influence is visible through their legacy in architecture, food and the monetary system that they left behind. So come, let’s explore the glorious journey of the One Rupee notes of the Portuguese and French.
The countdown has started, in three days we all will be celebrating the 100th birthday of one rupee note. Today one rupee note is the smallest denomination in the monetary system of India. One rupee has a long history. The first one rupee note was introduced in 1917. During the time of British rule in India, there were a few Princely States, which issued their own paper currency. The Princely State of Hyderabad and Jammu & Kashmir were the only authority to issue one rupee note in their currency system. Let’s see few one rupee notes of Hyderabad and Jammu & Kashmir!
Manufacturing fake currency or counterfeit money is illegal in every country as they are produced without the consent of the Central Bank or the Government. It can lead to major setbacks on the economic stability of a country. More circulating money means that its value depreciates over time which in turn leads to inflation. It also results in mistrust among people decreasing acceptability of money and sharemarket value. Trade is the most affected when merchants have to face immense losses as fake notes are not reimbursed by banks of other countries.
Corruption, Bribes and Black money..problems that had riddled India since decades. These problems had become increasingly prominent in the recent years and we are not new to the series of scams that have come to light like the Adarsh Housing Society scam, the 2010 House loan scam, 2G spectrum scam and much more. Finally, on the 8th of November 2016, India fights backs, India fights corruption!