Report on Field Visit in coin museum?
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Answer:
A Visit To RBI Monetary Museum-HKIMSR
Visit-To-RBI-Monetary-Museum-03This visit was primarily an educational visit but the real time dynamics that students got to learn was something which enriched their knowledge even beyond textbooks or curriculum. The visit started with the students being taken to the monetary museum, wherein they were shown a small audio video which was a small compilation of the origin of currency and the evolution of money since the 1st piece of metal exchanged to the current system .It talked about the challenges faced by currency at each level and the changes that were made in it to suit changing trade patterns.
Shri. P. V. Radhakrishnan gave brief presentation on RBI Monetary Museum, explaining the 6 sections of museum. RBI Monetary Museum explains the history of money through definitions, exhibits and info-graphics. It touches base on early barter exchange, metals as mode of payment, coins issued by Indian kings, rulers, princely states and Britishers. It then moves to evolution of paper currency, cheques, promissory notes, bills of exchange, establishment of banks and use of electronic money.
There was also brief information about various schemes of RBI. Students enjoyed playing a game on monitory transactions and also the models of ATM machine from the beginning. The museum was made such that it became very easy to understand the banking system of the country. Aafreen Siddique,a student of MMS Batch 2015-2017 said,‘The overall experience for us students was very enlightening, enriching and acquainted us with certain procedures that we as citizens wouldn’t have known otherwise. This visit also resulted in a direct interaction of the students with the people who contribute to the monetary system to such a great extent’.
(note :- monetary Museum means coin Museum)
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Answer:
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Explanation:
The Kushanas were the first to issue gold coins in substantial numbers in India. They were also called Vasudevas. Many of them were bilingual. Indian, Iranian and Hellenistic deities were represented on Kushana coins. The Gupta Coins borrowed from the Kushana tradition of using a deity on one side, and the King on the other. Almost all the coins issued by the Guptas, who followed the Kushanas, were in gold.
Tughlaq’s coins : In many ways Mohammed bin Tughluq was way ahead of his time. His time was marked by monetary experiments and his active interest in experimenting with coinage, though these often caused much misery to his people. His coins had beautiful calligraphy. Tughluq was inspired by Chinese paper currency to issue token currency. Between 1329 and 1332 AD, he issued brass and copper coins in lieu of silver coins. But this was a huge failure as very few of his subjects exchanged their gold or silver coins for the new copper ones. Moreover, the tokens were easy to forge, which led to heavy losses. It is said that after the plan failed, there were heaps of copper coins lying around the royal offices for years. Centuries later, we now function entirely with token money or other notional money.
The reforms in Indian coinage is said to have been brought about by Sher Shah Suri during 1538-45. He standardised the silver coin by a weight standard of about one “tola” or 11.6gms. Today, this coin is known as the Rupee. His copper coins were called “Paisa”.
There are loads of coins – from Mughals, to Marathas, Sikh Coins and there’s an entire section on Indo-European coinage. Indo European coins are interesting to see – there’s anna, rupee, 1/3rd rupee. The Post-Uprising coinage was characterised by Mughal ruler portraits on one side, and Britain’s rulers on the other.
We move on to British India coinage, Republic of India coins and Commemorative Coins (100 years of aviation, Asian Games, etc)
There are information kiosks, and games that children can play to match the currency also. Pretty interactive, and educational.