The Indian currency is called the Indian Rupee (INR). The word Rupee came from the Sanskrit word "raupya" which means silver coin. The Reserve Bank of India (RBI) is the body that is in charge of India's numismatics and currency production and is India's National Bank.
The new Rupee sign is an amalgam of the Devanagari letter and the Latin capital letter "R" without its vertical bar. The parallel lines at the top (with white space between them) are said to make an allusion to the tricolor Indian flag. The design was presented to the public by the government of India on 15 July 2010.
India was one of the earliest issuers of coins (circa 6th century BC). The first "rupee" is believed to have been introduced by Sher Shah Suri (1486–1545), based on a ratio of 40 copper pieces (paisa) per rupee.The main security features of the current banknotes are listed below:
§ Watermark - White side panel of notes has Mahatma Gandhi watermark.
§ Security thread - All notes have a silver security band with inscriptions visible when held against light which reads Bharat in Hindi and RBI in English.
§ Latent image - On notes with denominations of Rs.20 and upwards, a vertical band on the right side of the Mahatma Gandhi’s portrait contains a latent image showing the respective denominational value in numeral which is visible only when the note is held horizontally at eye level.
§ Microlettering - Numeral denominational value is visible under magnifying glass between security thread and latent image.
§ Intaglio - On notes with denominations of Rs.20 and upwards, the portrait of Mahatma Gandhi, the Reserve Bank seal, guarantee and promise clause, Ashoka Pillar Emblem on the left, RBI Governor's signature are printed in intaglio i.e. in raised prints.
§ Identification Mark - On the left of the watermark window different shapes are printed in Intaglio for various denominations (Rs.20 - Vertical Rectangle, Rs.50 - Square, Rs.100 - Triangle, Rs.500 - Circle, Rs.1000 - Diamond). This also helps the visually impaired to identify the denomination.
§ Fluorescence - Number panels glow under ultra-violet light.
§ Optically variable ink - Notes of Rs.500 and Rs.1000 have their numerals printed in optically variable ink. Number appears green when note is held flat but changes to blue when viewed at angle.
§ See through Register - Floral design printed on the front and the back of the note coincides and perfectly overlap each other when viewed against light.
§ EURion constellation - A pattern of symbols found on the banknote helps software detect the presence of a banknote in a digital image so that it can prevent its reproduction with devices such as color photocopiers.
Each banknote has its amount written in 15 languages. On the obverse side, the denomination is written in English and Hindi. On the reverse of each note is a language panel that displays the denomination of the note in 15 of the 22 official languages of India.
The languages are displayed in the alphabetical order.
The languages included on the panel are Assamese, Bengali, Gujarati, Kannada, Kashmiri, Konkani, Malayalam, Marathi, Nepali, Oriya, Punjabi, Sanskrit, Tamil, Telugu and Urdu.
No comments:
Post a Comment