{"id":21425,"date":"2024-04-15T06:06:02","date_gmt":"2024-04-15T06:06:02","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=21425"},"modified":"2024-04-15T06:06:02","modified_gmt":"2024-04-15T06:06:02","slug":"paper-currency-first-started-in-india-in-a-1861-b-1542-c-1601-d-1880","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/paper-currency-first-started-in-india-in-a-1861-b-1542-c-1601-d-1880\/","title":{"rendered":"Paper currency first started in India in A. 1861 B. 1542 C. 1601 D. 1880"},"content":{"rendered":"

[amp_mcq option1=”1861″ option2=”1542″ option3=”1601″ option4=”1880″ correct=”option1″]<\/p>\n

The correct answer is: A. 1861<\/strong><\/p>\n

Paper currency was first introduced in India in 1861 by the British East India Company. The first paper currency issued by the British East India Company was the Indian Rupee. The Indian Rupee was divided into 16 annas, and each anna was divided into 12 pies.<\/p>\n

The Indian Rupee was initially issued in denominations of 1, 2, 5, 10, 20, and 50 rupees. In 1872, the British East India Company also issued paper currency in denominations of 100 and 1000 rupees.<\/p>\n

The Indian Rupee was replaced by the Indian National Rupee in 1947, after India gained independence from British rule. The Indian National Rupee is still the official currency of India today.<\/p>\n

Option B, 1542, is incorrect because paper currency was not introduced in India until 1861.<\/p>\n

Option C, 1601, is incorrect because paper currency was not introduced in India until 1861.<\/p>\n

Option D, 1880, is incorrect because paper currency was introduced in India in 1861.<\/p>\n","protected":false},"excerpt":{"rendered":"

[amp_mcq option1=”1861″ option2=”1542″ option3=”1601″ option4=”1880″ correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[207],"tags":[],"class_list":["post-21425","post","type-post","status-publish","format-standard","hentry","category-indian-economy","no-featured-image-padding"],"yoast_head":"\nPaper currency first started in India in A. 1861 B. 1542 C. 1601 D. 1880<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/paper-currency-first-started-in-india-in-a-1861-b-1542-c-1601-d-1880\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Paper currency first started in India in A. 1861 B. 1542 C. 1601 D. 1880\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=”1861″ option2=”1542″ option3=”1601″ option4=”1880″ correct=”option1″]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/paper-currency-first-started-in-india-in-a-1861-b-1542-c-1601-d-1880\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-15T06:06:02+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Paper currency first started in India in A. 1861 B. 1542 C. 1601 D. 1880","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/paper-currency-first-started-in-india-in-a-1861-b-1542-c-1601-d-1880\/","og_locale":"en_US","og_type":"article","og_title":"Paper currency first started in India in A. 1861 B. 1542 C. 1601 D. 1880","og_description":"[amp_mcq option1=”1861″ option2=”1542″ option3=”1601″ option4=”1880″ correct=”option1″]","og_url":"https:\/\/exam.pscnotes.com\/mcq\/paper-currency-first-started-in-india-in-a-1861-b-1542-c-1601-d-1880\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-04-15T06:06:02+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/paper-currency-first-started-in-india-in-a-1861-b-1542-c-1601-d-1880\/","url":"https:\/\/exam.pscnotes.com\/mcq\/paper-currency-first-started-in-india-in-a-1861-b-1542-c-1601-d-1880\/","name":"Paper currency first started in India in A. 1861 B. 1542 C. 1601 D. 1880","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2024-04-15T06:06:02+00:00","dateModified":"2024-04-15T06:06:02+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/paper-currency-first-started-in-india-in-a-1861-b-1542-c-1601-d-1880\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/paper-currency-first-started-in-india-in-a-1861-b-1542-c-1601-d-1880\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/paper-currency-first-started-in-india-in-a-1861-b-1542-c-1601-d-1880\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"mcq","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/"},{"@type":"ListItem","position":3,"name":"Indian Economy","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/indian-economy\/"},{"@type":"ListItem","position":4,"name":"Paper currency first started in India in A. 1861 B. 1542 C. 1601 D. 1880"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/21425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=21425"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/21425\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=21425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=21425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=21425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}