The Indian rupee (sign: ₹; code: INR) is the official currency of the Republic of India. The issuance of the currency is controlled by the Reserve Bank of India.[1]
The modern rupee is subdivided into 100 paise (singular paisa), though as of 2011 only 50-paise coins are legal tender.[2][3] Banknotes in circulation come in denominations of ₹5, ₹10, ₹20, ₹50, ₹100, ₹500 and ₹1000. Rupee coins are available in denominations of ₹1, ₹2, ₹5, ₹10, ₹50, ₹100, ₹150 and ₹1000; of these, the ₹50, ₹100, ₹150 and ₹1000 coins are for commemorative purposes only; the only other rupee coin has a nominal value of 50 paise, since lower denominations have been officially withdrawn.
The Indian rupee symbol '₹' (officially adopted in 2010) is derived from the Devanagari consonant "र" (Ra) and the Latin letter "R". The first series of coins with the rupee symbol was launched on 8 July 2011.
The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. Recently RBI launched a website Paisa-Bolta-Hai to raise awareness of counterfeit currency among users of the INR.
The word "rupee" was derived from the Sanskrit word rūpyakam.
টকা (tôka) in Assamese
টাকা (taka) in Bengali
રૂપિયો (rupiyo) in Gujarati
ರೂಪಾಯಿ (rūpāyi) in Kannada, Tulu and Konkani
रुपया (rupayā) in Hindi
روپے (pronounced ropyih) in Kashmiri
रुपया (rupayā) in Konkani
രൂപ (rūpā) in Malayalam
रुपया (rupayā) in Marathi
रुपैयाँ(rupaiya) in Nepali
ଟଙ୍କା(tanka) in Oriya
ਰੁਪਈਆ (rupiā) in Punjabi
रूप्यकम् (rūpyakam) in Sanskrit (Devnagari)
रुपियो (rupiyo) in Sindhi
ரூபாய் (rūpāi) in Tamil
రూపాయి (rūpāyi) in Telugu
روپے (rupay) in Urdu
However, in the Assam, West Bengal, Tripura and Odisha the Indian rupee is officially known by names derived from the word टङ्क (ṭaṇkā), which means "money".[4] Thus, the rupee is called টকা (ṭôkā) in Assamese, টাকা (ṭākā) in Bengali and ଟଙ୍କା (ṭaṇkā) in Oriya. The amount (and the word