GK
CURRENCIES OF THE WORLD
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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When was decimal coinage introduced in India?
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1 April, 1955
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1 April, 1956
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1 April, 1957
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1 April, 1958
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Explanation:
Detailed explanation-1: -English Releases. Indian coinage went decimal on April 1, 1957, ten years after it gained Independence from the British. Though coins as units of monetary value have been in use for 500 years or so, India’s history of modern coinage is only about 200 years old.
Detailed explanation-2: -India changed from the rupee, anna, pie system to decimal currency on 1 April 1957.
Detailed explanation-3: -Aryabhata and other mathematicians of ancient India first adopted the decimal system of numbers and place value system writing numbers the way we do today.
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