Economy of India and is also accepted as legal tender in neighbouring Nepal and Bhutan, both of which peg their currency to that of the Indian rupee. The rupee is divided into 100 paisas. The highest-denomination banknote is the 2,000 note; the lowest-denomination coin in circulation is the 50 paise coin. Since 30 June 2011, all denominations below 50 paise have ceased to be legal currency. India's monetary system is managed by the Reserve Bank of India (RBI), the country's central bank. Established on 1 April 1935 and nationalised in 1949, the RBI serves as the nation's monetary authority, regulator and supervisor of
Institution Of Mechanical Engineers (India) " The Examinations held Every Year by the Association at various centers of India have also helped to Maintain High Standards for New Entrants into Profession". Institution Of Mechanical Engineers (India) The Institution of Mechanical Engineers (India) is the Professional Body for Mechanical Engineers in India. Institution's Foundation Stone was Laid in the Year 1914. The Headquarters of the Institution is Located at HASMUKH Bhavan,Behind CIDCO Office,Near Hiranandani Park,Kharghar, Navi Mumbai - 410 210. Institution Conducts Bi Annual Examinations in Month of June(Summer) and December (Winter) Popularly Known as Chartered Engineers Examination (Degree Level Section A & B) & Technician