Rupee is an official currency of India with code INR and symbol Rs. The currency is further subdivided into 100 paisa. Throughout 2019, 1 rupee was the lowest value currency uses in India. The Reserve Bank of India is responsible for issuance of currency. The currency is controlled and derives its role on the basis of Reserve Bank of India Act, 1934. The frequently used banknotes of ₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2,000 and rarely used ₹5, ₹2, ₹1 while frequently used coins of ₹1, ₹2, ₹5, ₹10, ₹20 and rarely used 50 Indian Paisa are generally circulating in Indian economy.
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