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Old Mar 17, 2007, 4:08 AM   #11
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I have combined a note and a coin.
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Old Mar 17, 2007, 5:44 AM   #12
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now we can buy one vanilla ice cream isn't it Raghu??? and by the way we don't have "loony" or "toony" in our currency.It will be four "Lions" (Actually You can see only three,problem of representation of 3 dimension in 2 dimension),in bigger domination you will see "Mahatma Gandhi" as you see in Raghu 10 rupess note.Interesting fact ,Rs.10/- is a promisery note,If you take a careful look at the right side of the Rs. 10/- There is a note where governer of Reserve Bank of India says:- I promise to pay Rs. 10/- to the bearer of this note.Interesting fact.Raghu may rectify me.Goverment gives "coins which is a true currency"(I am not too sure)Paper maney is actualy a "promisery note" except for Rs. 1/-
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Old Mar 17, 2007, 11:19 AM   #13
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True. In India,coins of all denominationand in notes only the 1 Rupee note are printed by the government and so are real currency.All other notes printed by the Reserve Bank of India (owned by the government!) are, technically, promissory notes and hence the statement by the Governor. However, the distinction ends there.In reality all notes are treated as currency and mentioned as such in governmentnotifications as well as internationalexchange information sites. The highest denomination in coins is 10 Rupees(minted long back but not in circulationnow)and in notes, 1000 Rupees.
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Old Mar 17, 2007, 12:26 PM   #14
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Thanks Raghu,you have put the things in the right perspective.I was bit hazy
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Old Mar 17, 2007, 3:43 PM   #15
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UK 1 penny piece..........
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Old Mar 17, 2007, 3:48 PM   #16
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UK 1 pound coin......
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Old Mar 17, 2007, 4:18 PM   #17
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UK 10 pound note......
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