Question

read the following passage carefully and answer the questions that follow. 

1.      November 30, marks the centenary of the one-rupee note. The government had stopped printing India's smallest banknote in 1994 but resumed it on public demand in 2015.
The little blue bill is cherished during auspicious rituals when people present `11, `51 or `101 as a token payment.


2.      This is the only paper currency that bears the signature of the Finance Secretary and not the RBI governor, for it belongs to the Republic of India, not the Apex Bank.


3.      "Our one-rupee was initially minted as a silver coin. But silver became expensive during World War I, so people began to melt these coins and convert them into bars and bricks to sell for profit. As a result, the government issued a banknote," said Sushil Kumar Agrawal, CEO, mintageworld.com, an online numismatic museum. Agrawal will hand out a memento card bearing a picture of the original banknote and the latest 2017 coin to members at the upcoming National Philatelic Exhibition at World Trade Centre from November 30 to December 4. Over the past century, the one-rupee note has undergone 28 design changes. 


4.      Auctioneer Girish Veera of Oswal Auctions said, "The 1917 banknote is still available with collectors and dealers, and fetches `12,000-13,000 on average. The denomination is not in common circulation and is seldom handed out by banks. So, it is best to hold on to it if you have one."


5.      The Government of India issued currency notes for the first time in 1861. The one-rupee note, which was issued as a promissory note on November 30, 1917, was printed in England. It depicted a silver coin image of King George V on the left corner. The words 'I promise to pay the bearer the sum of One Rupee on demand at any office of issue' were embossed upon it.


6.      Until 1970, this note was also used as currency in Persian and Gulf countries such as Dubai, Bahrain, Muscat and Oman. The Portuguese and French were so impressed by ours that they also issued their own one rupee note.


(a)
Which smallest banknote does the above passage talk about?
(b)
The one-rupee note has never been the same over the years. Pick out a sentence from the above passage to support this statement.
(c)
The old and rare things fetch much more market value than they are really worth of. How is this statement true in case of the old one-rupee note?
(d)
How did our one rupee note impress the Portuguese and the French?
(e)
Find a word from the passage that means – ‘the hundredth anniversary of a significant event’ -​

Answer 1

Answer:

a) one rupee

b)over the past century,one rupee. note has undergone 28 design changes

Answer 2

Answer:

The Correct Answers would be :

1. The above passage is talking about One-rupee note and how it went through changes in several fields over the years.
2. A sentence from the passage that supports the given statement is Over the past century, the one-rupee note has undergone 28 design changes. The one-rupee note has never been the same over the years, over the past century, it has undergone 28 design changes.
3. it is true even in context of one-rupee note. The 1917 one-rupee note are still available to collectors as well as dealers and they fetch 12000-13000 on an average.
4. The Portuguese and The French were surely intrigued by one-rupee note. As the time flied by, they came out with their own One-Rupee Note.
5. The word Century in paragraph 1 means The hundredth Anniversary of a significant event. Century is actually mistyped as cenetary here.