In which of the following years India switched over to decimal currencies?

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Question

In which of the following years India switched over to decimal currencies?

Options:

A . 1956

B . 1960

C . 1957

D . 1955

Answer: Option C
Answer: (c)India switched over to decimal currency in 1957 with the amendment of the Indian Coinage Act. The rupee remained unchanged in value and nomenclature. It, however, was now divided into 100 ‘Paisa’ instead of 16 Annas.

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