Indian coinage reform: In which year did India adopt the decimal system of coinage? State the year when paise (100 = ₹1) replaced annas/pies.
General Knowledge
Indian Economy
Difficulty: Easy
Choose an option
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A1950
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B1955
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C1957
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D1960
Answer
Correct Answer: 1957
Explanation
FactIndia decimalised its coinage effective 1 April 1957, shifting to 100 paise = ₹1 from the anna–pie system.
Final Answer1957