currency
10 Nov 2017
Pepper – The Most Influential Spice
Pepper is considered the most influential spice for the key roles played both in trade and world politics. Black pepper is one of the oldest and most popular spices of the world. It is a native of the ancient Malabar Coast of India (the Western Ghats in Kerala). What is a spice? The word
22 Nov 2016
Demonetisation And Legal Tender : Basics Ought To Be Known
The Prime Minister of India, Narendra Modi on 8 November 2016, in a live televised address to the nation declared circulation of all Rs. 500 and Rs.1000 bank notes as invalid from 9 November 2016. Through this process of demonetisation, the said currencies ceased to be legal tender. What is legal tender? What is demonetization?
29 Sep 2014
Making of currency coins
Currency coins are made of various metals and alloys like bronze, nickel-brass, cupro-nickel (75% copper and 25% nickel), Aluminium Bronze and stainless steel. The mints buy the strips of metal to manufacture the coins. These strips are about 13 inches wide, 1500 feet long. They come rolled in the form of a coil. The coil