ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How long do coins that are in circulation last?
A
forever
B
10 years
C
20 years
D
30 years
Explanation: 

Detailed explanation-1: -Coins can last around 30 years in circulation before they’re too worn to use. When coins reach the end of their life, the Federal Reserve removes them from circulation. Old coins are melted down and used for other things.

Detailed explanation-2: -VERY RARE ONE RUPEE 1976 ORIGINAL BIG COIN FOR Rs. 150. 00 ONLY. To navigate, press the arrow keys.

Detailed explanation-3: -1972 one Rupees Coins of india Price 20, 000

Detailed explanation-4: -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.

There is 1 question to complete.