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In the older monetary system of India, ‘...

In the older monetary system of India, ‘One Anna’ used to be what part of ‘One Rupee’ ?

A

16th Part of a Rupee

B

20th part of a Rupee

C

10th Part of a Rupee

D

Sixth part of a Rupee

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Verified by Experts

The correct Answer is:
A
An anna (or ānna) was a currency unit formerly used in British India, equal to 1 ⁄16 of a rupee. It was subdivided into four (old) Paisa or twelve pies (thus there were 192 pies in a rupee). When the rupee was decimalised and subdivided into 100 (new) paise, one anna was therefore equivalent to 6.25 paise.
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