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2 unusual facts about Indian Rupee


Pakistani rupee

Like the Indian rupee, it was originally divided into 16 annas, each of 4 pice or 12 pie.

Shalini Palace

Shalini Palace in the city of Kolhapur in the Indian state of Maharashtra was built in 1931-34 at a cost of Rs. eight lakhs and was named after Princess Shrimant Shalini Raje of Kolhapur.


27 September 2008 Delhi blast

The Chief Minister of Delhi declared a compensation of Rs. 500,000 to the kin of the dead and Rs. 50,000 plus all costs of treatment to those injured.

Angria Bank

In 2008, Maharashtra state Finance Minister Jayant Patil announced a Rs 50 million initiative to explore Angria Bank to determine the feasibility of further marine tourism in the area.

Casualties of the 2008 Mumbai attacks

The Government of Maharashtra announced Rs. 5 lakh (about 10,000 USD) compensation to the kin of those killed in the terror attacks and Rs. 50,000 (about 1,000 USD) to the seriously injured.

Indian Depository Receipt

An Indian Depository Receipt (IDR) is a financial instrument denominated in Indian Rupees in the form of a depository receipt created by a Domestic Depository (custodian of securities registered with the Securities and Exchange Board of India) against the underlying equity of issuing company to enable foreign companies to raise funds from the Indian securities Markets.

Kota Airport

In 2005, it was reported that Airports Authority of India, which maintains the airport spends Rs. 63 Lakh annually on maintenance, whereas the income is Rs. 6 Lakh, while six acres of the airports property has been encroached upon by slums.

Maharashtra floods of 2005

A project costing approximately 600 crore rupees was proposed by UK based consultants hired by the Brihanmumbai Municipal Corporation to study the matter.

Omani rial

Before 1940, the Indian rupee and the Maria Theresa Thaler (known locally as the rial) were the main currencies circulating in Muscat and Oman, as the state was then known, with rupees circulating on the coast and Thaler in the interior.

Rashid bin Saeed Al Maktoum

In 1966, India devalued the rupee, and Qatar and Dubai adopted the Gulf rupee as a common currency, whilst Abu Dhabi adopted the Bahraini dinar.

The 65 Lakh Heist

Vimal is blackmailed into joining a conspiracy to break into the vault of Bharat Bank at Amritsar to loot 6.5 million rupees (65 lakh) inside it.


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