Question

What is the name of the currency used in India?

Answer 1

The currency used in India is called the Indian rupee. It is abbreviated as INR in foreign exchange markets. The word "rupee" comes from the Sanskrit word "rupya," which means "wrought silver."

Answer 2

The currency used in India is called the Indian Rupee (INR). It is represented by the symbol "₹" and is divided into 100 smaller units called paisa. Banknotes in circulation include denominations of INR 5, INR 10, INR 20, INR 50, INR 100, INR 200, INR 500, and INR 2,000, while coins in circulation include denominations of 50 paisa, INR 1, INR 2, INR 5, and INR 10. The Indian rupee is widely used in domestic transactions and is also accepted in neighboring countries such as Nepal and Bhutan. It is also traded in the foreign exchange market and is one of the major currencies in South Asia.

Answer 3

Indian rupee is the currency of india Republic, INR is it's currency code.Rupee is subdivided into 100 paise and it's controlled by Reseeve bank of India.