What fraction of a rupee is one anna, which was a part of the old currency system of India?
Answer & explanation
Correct answer: option 1
One anna is 1/16th of a rupee.
The old currency system of India was based on the rupee, which was divided into 16 annas. One anna was further divided into 4 paise. The decimal system of currency was introduced in India in 1957, and the anna was demonetized.