The first decimal issues of coins in 1950 in India consisted of

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	1, 2 and 5 paise
B	1, 2, 5 and 10 paise
C	1, 2, 5, 10 and 25 paise
D	1, 2, 5, 10, 25 and 50 paise along with Rs. 1

Explanation:

Detailed explanation-1: -1 Rupee Coins Price (1950-1954) Fine to extra fine condition coin can give you ₹1000 to ₹1800. 1 Rupee Coins of 1950 have a value of up to 800 Rupees in uncirculated condition. Fine to extra fine condition coins can give you from 150 rupees to 400 Rupees as per the condition.

Detailed explanation-2: -Coins of denomination of 25 paise and below will cease to be legal tender from June 30, 2011. These will not be accepted for exchange at bank branches and RBI Issue Offices from June 30, 2011.

Detailed explanation-3: -The Indian 10-rupee coin (₹10) is a denomination of the Indian rupee. The ₹10 coin is the second highest-denomination coin minted in India since its introduction in 2005. The present ₹10 coin in circulation is from the 2019 design.

Detailed explanation-4: -Coins are minted in four mints owned by SPMCIL. The mints are located at Mumbai, Hyderabad, Kolkata and NOIDA. The coins are issued for circulation only through the Reserve Bank in terms of Section 38 of the RBI Act.

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