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Question
The origin of the term 'rupee' is the Sanskrit word 'rupya'. 'Rupya' means ___ coin.
The origin of the term 'rupee' is the Sanskrit word 'rupya'. 'Rupya' means ___ coin.
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Solution
The correct option is C Silver
The word 'rupee' has been derived
from the Sanskrit word rupyakam, meaning a silver coin. It owes its origin to rupiya, issued by Sher Shah Suri in 1540-45. Today,
the Reserve Bank of India issues currency under the RBI Act 1934. The
most commonly used symbol for the rupee is "Rs". India adopted a new
symbol for the Indian rupee on 15 July 2010. In most parts of India, the rupee is
known as rupaya, rupaye, or one of several other terms derived from the
Sanskrit rūpya, meaning silver.
The word 'rupee' has been derived from the Sanskrit word rupyakam, meaning a silver coin. It owes its origin to rupiya, issued by Sher Shah Suri in 1540-45. Today, the Reserve Bank of India issues currency under the RBI Act 1934. The most commonly used symbol for the rupee is "Rs". India adopted a new symbol for the Indian rupee on 15 July 2010. In most parts of India, the rupee is known as rupaya, rupaye, or one of several other terms derived from the Sanskrit rūpya, meaning silver.
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