What is the national currency of India?

Answer: The national currency of India is the Indian Rupee (INR).

The national currency of India is the Indian Rupee (INR), abbreviated as ₹. It has been the official currency of the country since independence in 1947. The Indian Rupee is managed and issued by the Reserve Bank of India (RBI), the central banking institution of the country. The currency is available in various denominations, including coins and banknotes, with the latter ranging from small denominations to larger notes for higher values.

The Indian Rupee plays a crucial role in facilitating transactions within the country and serves as a unit of account for economic activities. It is also widely accepted in international trade and finance.

Conclusion:

• The national currency of India is the Indian Rupee (INR).
• It has been the official currency since India gained independence in 1947.
• The Reserve Bank of India (RBI) manages and issues the Indian Rupee.
• The currency is available in various denominations and plays a vital role in domestic and international transactions.