GK
CURRENCIES OF THE WORLD
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The first decimal issues of coins in 1950 in India consisted of-
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1, 2, and 5 paise
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1, 2, 5, 10, 25, and 50 along with one rupee
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5 and 10 paise
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only one rupee
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Explanation:
Detailed explanation-1: -Coins are minted at the four India Government Mints at Mumbai, Alipore(Kolkata), Saifabad(Hyderabad), Cherlapally (Hyderabad) and NOIDA (UP). The coins are issued for circulation only through the Reserve Bank in terms of the RBI Act.
Detailed explanation-2: -The Indian 2-rupee coin is a denomination of the Indian rupee. The 2 rupee coin was introduced in India in 1982. Until then, the Rs. 2 was in circulation in banknotes.
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