Starting today, I will try to upload a question every three to four days. Please send in your answers as comments, and I will try to maintain a leaderboard too!
Here’s today’s question.
The note that you see here is one of the rare few which exist in India. Only a handful of them were ever issued, and that too in the early 1900’s. The existing pieces today cost anywhere between Rs 1.5 lakh to Rs 5 lakh, depending on their condition and where they were minted.
Why were notes with such apparently arbit denomination issued?
CRACKED!!
This one’s been partially cracked by Akhil, and partially cracked by Shubhayu, so half points for both of them! Combine their comment for answers!
hi arkadev,
ReplyDeletecongrats for ur blog :)
gr8 question..
one rupee was divided into 16 annas or 64 pice, and each anna was equal to 4 pice.
hence, rupees two annas eight equalled 40 annas or 160 pice; which equalled one dollar at that time..
i hope my answer's solah aane sach ;)
is it because of the outbreak of first world war? because i remember that the british introduced one rupee note as a result of the war in 1917
ReplyDeleteI am guessing that the 2.5 rupees note during the reign of George V would have a value of around 5 shillings, so this sort of denominations were used for the sake of ease of trade.
ReplyDeleteWait.. does that actually make any sense? :P
bro was it during first world war??...coz one rupee note was also issued coz of 1st world war in 1917....they were discontinued later though
ReplyDeletedude it didnt matter if the note issued represented dollar or not because if it did it would have still survived but it was discontinued later. it was because of the first world war that such a note of low denomination was issued alongwith one rupee note..this is vipin
ReplyDelete