GENERAL KNOWLEDGE

Detailed explanation-1: -The Indian rupee (INR) is the currency of India. INR is the International Organization for Standardization currency code for the Indian rupee, for which the currency symbol is ₹.

Detailed explanation-2: -The symbol is an amalgam of Devanagari “Ra” and the Roman Capital “R” with two parallel horizontal stripes running at the top representing the national flag and also the “equal to” sign. The Indian Rupee sign was adopted by the Government of India on 15th July, 2010.

Detailed explanation-3: -The word ‘rupee’ has been derived from the Sanskrit word rupyakam, meaning a silver coin. It owes its origin to rupiya, issued by Sher Shah Suri in 1540-45.