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A masha is a traditional Indian unit of mass, [1] now standardized as 0.972 grams (0.0343 oz). [citation needed] The essential unit of mass used in India included ratti, masha, tola, chattank, seer and maund. Grain is usually taken is rice. 8 grains of rice = 1 Ratti. 8 Ratti = 1 Masha. 12 Masha = 1 Tola. 5 Tola = 1 chatank. 16 chatank = 1 Saer.
The main commodities traded on the Exchange have been Gold, Silver and Crude Oil. There are various contracts in each. Gold has eight contracts namely Gold 1 ounce, Gold 100 ounce, Gold 1 Tola, Gold 50 Tola, Gold 100 tola, Gold Kilo, Gold 100 g, and Minigold 10 g. Tola gold and minigold are deliverable contracts.
The tola ( Hindi: तोला / Urdu: تولا, romanized : tolā; also transliterated as tolah or tole) is a traditional Ancient Indian and South Asian unit of mass, now standardised as 180 grains ( 11.6638038 grams) or exactly ⁄8 troy ounce. It was the base unit of mass in the British Indian system of weights and measures introduced in ...
Gold as an investment. A Good Delivery bar, the standard for trade in the major international gold markets. Size of a 100 gram gold bar - packaged inside an assay for proof of authenticity - compared to a playing card. Of all the precious metals, gold is the most popular as an investment.
[citation needed] The total revenue of the state in 1901 was 36-42 lakhs when the price of 1 tola gold is 20 British Rupee. [citation needed] In 1901, state's income was 6 lakhs and second part of its revenue was the collection of tax from other state's Nawabs and Maharajahs, who used the routes of Tanawal and Attock for visiting other countries.
Five paisa coin first used in 1965 1 paisa coin first used in 1972 5 paisa coin used in 1972. In 1948, coins were introduced in denominations of 1 pice, 1 ⁄ 2, 1 and 2 annas, 1 ⁄ 4, 1 ⁄ 2 and 1 rupee. 1 pie coins were added in 1951. In 1961, coins for 1, 5 and 10 pice were issued, followed later the same year by 1 paisa, 5 and 10 paise coins.
In Hindi ½ Seer = Adha (½) Seer, or Adher. 1 Ser = 2 Adher = 4 Pav = 16 Chattank = 80 Tola = 933.1 grams. 1 Savaser = 1 Ser + 1 Pav (1¼ Seer) 1 Savaser weighed 100 Imperial rupees. In Hindi 1¼ Seer = Sava (1¼) Seer, or Savaser. 1 Dhaser = 2 Savaser = 2½ Seer. In Hindi 2½ Seer = Dhai (2½) Seer, or Dhaser.
The dinār is a gold coin weighing one mithqal (4.25 grams) and the dirḥam is a silver coin weighing 0.7 mithqal (2.975 grams). The relation of 20 dinār and 200 dirḥam reflects the contemporary exchange value between the dinār and the dirḥam of 1 to 10 in the early days of Islam. [2]