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INR Full Form is Indian Rupee

 

What is the full form of INR

INR: Indian Rupee

 

INR stands for Indian Rupee. It’s an sanctioned currency of the Republic of India which is issued and controlled by Reserve Bank of India. Rupee can be divided into paisa. 1 Rupee = 100 paisa, i.e. in 1957, the Rupee is divided into 100 naye paise. Indian rupee is available in denotation of coins and denotation of notes. Coin denotation have 1, 2, 5, 10 rupee coins and Notes denotation contains 1, 2, 5, 10, 20, 50, 100, 500, 2000 rupee notes. Occasionally agone, there were also the denotation of 1 paisa, 2 paisa, 5 paisaetc. but these small denotation have been removed now.

 

It’s believed that the rupee was first introduced in the Middle Periods (1486-1545) by the Sher Shah Suri at a value of 40 bobby pieces per Rupee. Paper rupees were issued in 1770. During and after the British rule, a rupee was divided into or equal to16 annas.

 

The symbol of Indian rupee”₹”is espoused by Government of India in 2010. it’s deduced from Devanagari consonant”ऱ”.

 

Language INR1 INR2 INR5 INR10 INR20 INR50 INR100 INR500 INR1000

English bone rupee two rupees five rupees ten rupees twenty rupees fifty rupees hundred rupees five hundred rupees one thousand rupees

INR Full Form

 

Security Issue in Indian Rupee

The perpetration of security features are veritably important in Indian rupees because there’s always a chance of duplication of Indian Rupee note. The indistinguishable notes may be the big cause of deterioration of frugality.

 

Following features are included to avoid duplication

Fit security thread

Use Identification marks

Watermarking

Use of optically variable essay

Luminescence

 

 

 

 

 

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