GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
When was new rupee symbol was selected by Union Cabinet?
A
July 10, 2010
B
July 15, 2010
C
July 10, 2011
D
July 15, 2011
Explanation: 

Detailed explanation-1: -The symbol of the Indian rupee came into vague on 15th July 2010. The new symbol is an amalgamation of Devanagri ‘Ra’ and the Roman ‘R’ without the stem. The new symbol designed by D Udaya Kumar, a post-graduate of IIT Bombay was finally selected by the Union Cabinet on 15th July 2010.

Detailed explanation-2: -Before its adoption, the most commonly used symbols for the rupee were Rs, Re or, in texts in Indian languages, an appropriate abbreviation in the language used. The design is based on the Devanagari letter “” (ra) with a double horizontal line at the top and the Latin capital letter “R” without its vertical bar.

Detailed explanation-3: -The symbol, conceptualised and designed by Udaya Kumar, a post graduate in Design from Indian Institute of Technology Bombay, has been chosen from thousands of concept entries received by the Ministry of Finance through an open competition among resident Indian nationals.

Detailed explanation-4: -New currency sign for the Indian rupee In 2010, a new rupee sign (₹) was officially adopted.

There is 1 question to complete.