STORY OF RUPEE
Read the passage carefully and answer the following questions:-
Have you heard people saying that the ‘rupiah makes the world go round’? Do you know the story of the rupee?
The word rupee comes from the Sanskrit term `Rupya’ or `Rupa’ which means silver. The very early coins before the second century BC were all made of silver but the coins were neither of any standard weight nor had any face or value printed on them. It was Sher Shah Suri who first gave the name “rupia” to the silver coins. The last silver coins were minted in 1940 with the face of King George VI on them. In 1942 the silver coin was replaced by a cupro-nickel coin for the first time.
Money was invented by man to get power but now money has become more powerful than man. All over the world, money and power go together. The more money a person has, the more successful he is judged to be. A rich man is accepted by society even if he is corrupt or evil.
The man works hard to earn more and more money and saves a lot of it. He thinks that money will give him more freedom to enjoy himself and to have lots of fun. He thinks he will not be anyone’s slave but be his own master. But soon he becomes the slave of money. The more he has, the more he wants. He is never satisfied with what he has got but always wants something more even though he knows that in the end, he cannot carry anything with him. Money can buy everything but it cannot buy peace or happiness or a ticket to heaven.
Answer the following questions briefly:
(i)With which material the early coins were made up of?
(ii) In which year the cupro-nickel coins came into existence?
(iii) What has money become now?
(iv) What is willingly accepted by society from a rich man?
(v) Why does man earn and save money?
(vi) What is a man with more money judged to be?
(vii) Is a man satisfied with the money he has? Why/why not?
(viii) Which things cannot be bought with money?
Answers:-
(i) Silver
(ii) 1942
(iii) More powerful than a man.
(iv) Corruption
(v) To have more freedom and lots of fun.
(vi) More successful.
(vii) No, because he always wants something more.
(viii) Peace or happiness or a ticket to heaven cannot be bought by money.
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