Showing posts with label RESERVE BANK. Show all posts
Showing posts with label RESERVE BANK. Show all posts

Thursday 9 July 2015

What are Indian Rupees made of?

What are Indian Rupees made of?
    In India, Rupees are made of Currency paper or various metals.

Banknotes (Currency paper):
    Currency paper is composed of cotton and cotton rag. Technically, It is not a paper but a cloth with look and feel of paper.
    The exact composition of the paper/cloth is classified, as is the formula for the ink. The ink and paper combine to create a distinct texture, particularly as the currency is circulated. The paper and the ink alone have no effect on the value of the note until post print.
    The Reserve Bank, in consultation with Government of India, has decided to introduce one billion pieces of ₹10 banknotes on plastic substrate on trial basis. Those will be made of plastic.

Web Adresses That will help you get your Aim in getting Government Jobs.

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