CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country has decided to introduce a new 12-sided one-pound coin at end of March 2017
A
Egypt
B
Lebanon
C
South Sudan
D
UK
Explanation: 

Detailed explanation-1: -From today (March 28), a new pound coin (Royal Mint) enters circulation. Why is the UK getting a new pound coin? The Royal Mint estimates around 2.5 per cent of £1 coins in circulation are fakes. The new 12-sided coin, the Royal Mint says, has security features that are “impossible” to replicate.

Detailed explanation-2: -The new, 12-sided pound coin launches today. And after 15 October 2017, this coin will replace the 1.5 billion round pound coins currently in circulation in the UK.

Detailed explanation-3: -Many countries in the world have coins with a 12-sided shape to. For instance, the British One Pound Coin, that was introduced in 2017, is a dodecagon. Australia has a 50-coin with this shape, and Croatia’s 25 kuna is a dodecagon too.

Detailed explanation-4: -The round £1 coin was replaced by the 12-sided version to help crack down on counterfeiting. According to the Royal Mint, the round £1 coin can still be deposited at most high-street banks.

Detailed explanation-5: -Released on 28 March 2017, the new £1 features a range of overt and covert security features that, when combined, protects it from increasingly sophisticated counterfeit operations, making it the most secure coin in the world.

There is 1 question to complete.