CURRENT AFFAIRS

Detailed explanation-1: -Detailed Solution. Coins of Rs. 100 denomination were introduced by the Reserve Bank of India (RBI) to mark MG Ramachandran’s 102nd birth centenary. His full name was Maruthur Gopala Ramachandran, and was popularly known as MGR.

Detailed explanation-2: -The Reserve Bank of India (RBI) today announced that the retail digital rupee will be launched on December 01, 2022, on a pilot basis. The central bank has identified eight banks for phase-wise participation in this trial. The retail digital rupee will be in the form of a digital token that represents legal tender.

Detailed explanation-3: -You can book them online by visiting the respective mint website. Typically, they start their bookings almost 3–6 months in advance. You can even visit the Mumbai mint office personally and purchase the coin. There is a list put up on their notice board that mentions the coins that are available for sale and its price.

Detailed explanation-4: -Coins in India are presently being issued in denominations of 50 paise, one rupee, two rupees, five rupees, ten rupees and twenty rupees.

Detailed explanation-5: -RBI is the central bank of India. It has the sole authority to issue coins and notes but it does not issue coins of the following denominations: rupee 1, 20 paisa and 25 paisa.