FREE E-MAGAZINEFree E-Magazine| FOLLOW USRSS FeedFollow On FacebookFollow on Google+
Largest Free Encyclopedia on India with Lakhs of Articles
Art & Culture
Entertainment
Health
Reference
Sports
Society
Travel
Coins of Union of India 1947 1950
Coins of Union of India 1947 1950

Tuhin Sarkar
Reward Points : 4000
Member Since :
Friday, March 29, 2013
At Independence on 15 August 1947 India was partitioned into the new British Dominions of India and Pakistan. The new Dominion or Union of India retained the previous imperial currency with images of British monarchs. The basic unit of currency was the Indian rupee which was itself divided into annas 16 annas to a rupee and pice the old spelling of paise - 64 pice to a rupee . The lowest-denomination Indian coins the half-pice 128 to a rupee and the pie 192 to a rupee officially became obsolete in 1947 while both denominations had continued to circulate up to that time new examples were not minted after 1942 as they were practically worthless India remained a member of the sterling area after independence and the rupee remained pegged to the pound sterling. Until 1966 the rupee was worth 1s.6d or 18 old pence a half-pice was therefore worth 0.135 old pence and a pie 0.09 old pence.

Posted On : 1/20/2014 8:10:56 PM

Share
1 Star2 Star3 Star4 Star5 Star
 
Post Reply on Coins of Union of India 1947 1950
Message
Most Viewed Topics On History of India Rating Replies Last Action
 Aechitecture of Taj Mahal
Taj Mahal is just not a memorial of love but stand as the epitome of architectural wonder. Do you ag..
1 Star2 Star3 Star4 Star5 Star 5 On: 1/12/2013 2:48:18 AM
By : sadia
 caste system in india
i want to have detail knwledge about the Indian caste system.. its history and its origin....
1 Star2 Star3 Star4 Star5 Star 5 On: 3/24/2010 11:03:35 AM
By : Dipen Guha
 Savitribai Phule
The Indina youth both girls and boys need to to be exposed to the great deeds of Savitribai Phule an..
1 Star2 Star3 Star4 Star5 Star 5 On: 11/17/2009 7:26:30 AM
By : subramanya s
 harappa buildings
kindly send me the harappa building plans and layouts..
1 Star2 Star3 Star4 Star5 Star 5 On: 4/13/2009 3:32:57 AM
By : Chetan Juneja
 Nashipur Rajbari
Nashipur Rajbari also known as Nashipur Rajbati was the palace of the Nashipur Raj Family. The grand..
1 Star2 Star3 Star4 Star5 Star 5 On: 8/10/2016 4:36:42 AM
By : Anamika Sen
Most Recent Topics On History of India Rating Replies Last Action
 Best Mughal Emperor
It is always a debate between who is the greatest of the Mughal emperor in terms of administration a..
1 Star2 Star3 Star4 Star5 Star 2 On : 10/11/2017 10:43:20 PM
By : Rasika Chopra
 Precious artefacts robbed by the British
While we pine over the loss of famous Kohinoor diamond, it is not quite known to all that Britishers..
1 Star2 Star3 Star4 Star5 Star 2 On : 9/12/2017 5:04:49 AM
By : Aman Saxena
 Nawabs of Bengal
Although Lucknow is famous for its history of Nawabs; one cannot ignore Bengal for the same legacy. ..
1 Star2 Star3 Star4 Star5 Star 4 On : 9/26/2017 12:14:28 AM
By : Piyush Sethi
 Surya Pahar
Many archaeological excavations speak of the lifestyle and religion of the past. Most of them speak ..
1 Star2 Star3 Star4 Star5 Star 4 On : 9/18/2017 3:46:37 AM
By : Monish Mishra
 Trade in post Mauryan times and early Kushana era
Mauryan Empire was flourished in early era with the hands of Chandra Gupta and Ashoka. But after the..
1 Star2 Star3 Star4 Star5 Star 0 On : 6/9/2017 5:19:03 AM
By : Monish Mishra
Topics:   Art & Culture   |   Entertainment   |   Health   |   Reference   |   Sports   |   Society   |   Travel
Forum:   Post Topic   |   Search Forum   |   SubScribe To Forum   |   About Forum   |   Forum Rules
Login   |   Register   |   Contact Us
Others :
Follow Us : RSS Feed Follow On Facebook Follow on Google+
FREE E-MAGAZINE Free e-magazine
Copyright © 2008 Jupiter Infomedia Ltd. All rights reserved including the right to reproduce the contents in whole or in part in any form or medium without the express written permission of Jupiter Infomedia Ltd.