How to detect Fake Indian Currency
I. Understanding Indian Currency A Brief History of Indian Currency The Indian currency has a rich history, dating back to ancient times when various forms of money were used across different regions. Some of the early forms included cowry shells, metal coins, and even agricultural produce. Over time, India saw the introduction of various dynastic currencies, including those from the Maurya, Gupta, and Mughal periods. It wasn't until the British Raj that a standardized currency system was established with the introduction of the Indian Rupee in 1540. The Reserve Bank of India (RBI) was established in 1935, marking a significant milestone in the regulation and management of Indian currency. Today, Indian currency consists of various denominations, including the commonly used ₹10, ₹20, ₹50, ₹100, ₹200, ₹500, and ₹2000 notes. (Rs. 2000 notes will be discontinued from 30th September 2023) Overview of Indian Currency Denominations Indian currency notes come in various denominations, e...