Time Line of 25 Paisa
Few days back Reserve Bank of India announced that "Coins of denomination of 25 paise and below will cease to be legal tender from June 30, 2011. These will not be accepted for exchange at bank branches from July 1, 2011 onwards.
Before 25 Paisa government has phased out 1, 2, 3, 5, 10 and 20 paise coins.
Now 50 Paise coin has become the lowest denomination.
50 Paise is a half a Rupee.
The word paisa is actually a borrowing from the Persian language
In September 1955, the Indian Coinage Act was amended for the country to adopt a metric system for coinage. One Rupee got divided into 100 Paisa and the 2.5 grams nickel 25 paise coin was also introduced.
Click on the Mouse Middle Button to open larger image in a new tab window.
1959 –
Nickel 25 paise coin Weight of the coin was 2.5 grams, diameter was 19mm.
1972 –
25 Paise coin was struck in copper nickel.
Click on the Mouse Middle Button to open larger image in a new tab window.
1980 – Rural Women advancement coin
1988 - 25 paise coin was struck in stainless-steel.
Click on the Mouse Middle Button to open larger image in a new tab window.
Reality views by sm –
Wednesday, June 29, 2011
Keyword Tag – RIP 25 Paise Time Line of 25 Paise
No comments:
Post a Comment