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Disappearance of the elusive paisa

Last Updated 20 May 2009, 16:42 IST

Aata hai yaad mujhko guzra hua zamaana.

This guzra hua zamana was full of thrills, romance and mischevious events. They are an important part of our life which one can enjoy by playing and re-playing like a cassette. Quite a long time back when India was still a British Colony,the British always desired a strong, fully educated and loyal bureaucracy to run the administration.

In those days every independent State ruled by a Raja or a Nawab had its own currency.  During those days rupee was minted in one tola of pure silver and half rupee in half tola of pure silver by weight. The family of the rupee consisted of pies, half paisa, paisa, two paisa coins in copper while anna,two annas and four annas were minted in nickle. All these coins had their full value of  purchasing power unlike today when the small change of present rupee are just decorative pieces. Every British and royal State coins carried the head of the King or Queen on one side, the value and the year of minting on the reverse.
This procedure is still followed; but the royal face has been replaced with Ashoka’s three lions. The British laid emphasis on properly bringing up children so all schools used to hold special classes for students who were weak.

One day our Sir gave us a mathematics problem to be solved, I could not do so because of not knowing tables correctly. My answer was one paisa  less than the correct answer. Sir permitted every student to go home except me and he ordered that till the time the difference of one paisa was not corrected, I could not go home. The whole class was empty excepting us.

I  was helpless because in spite of my best efforts I was unable to solve it. I built up courage and requested him to grant me permission to leave as it was getting very late. Sir demanded “Where is the one paisa which is missing in your calculations”? I told him, “Here are my calculations and here is one paisa in cash which is less in my calculations, so that the whole problem is solved.” He had a hearty laugh and said that in the future, I must not take up accountancy as my profession because not will I  squander money but shall also lose time in calculations.

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(Published 20 May 2009, 16:41 IST)

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