Important information on Coins and Currency Notes of India

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Coins
The Government of India has the sole right to mint coins in terms of the Coinage Act, 1906
The coins are issued for circulation only through the Reserve Bank in terms of the RBI Act.
Coins can be issued up to the denomination of Rs.1000 as per the Coinage Act, 1906.
India adopted the decimal system of coinage wef 01 April 1957
As per Coinage Act 1 Re coins can be used to pay/settle Amount not exceeding Rs. 1000
As per Coinage Act 0.50 ps coins can be used to pay/settle Amount not exceeding Rs. 10
The one rupee note is issued by the Ministry of Finance and signed by the Finance Secretary
One rupee note is considered a coin as per the Indian Coinage Act, 2011
Rs. 10 bimetallic coins are made of aluminium-bronze (outer ring) and copper-nickel (inner part)
Currency Notes
The number of languages on the language panel of a currency note is Fifteen
The total number of languages on a currency note (including Hindi and English) is Seventeen
The Indian rupee symbol was created by D. Uday Kumar
RBI can issue notes upto the value of Rs. 10,000/-

Images/Identification Marks on Currency Notes

A special feature in intaglio has been introduced on the left of the watermark window on notes to help the visually impaired to identify the denomination.

DenominationImage on the obverse of the NoteIdentification mark for visually impaired
Rs. 5Tractor in a field
Rs. 10Rhinoceros, Tiger and elephant
Rs. 20Mt Harriet and Port Blair lighthouseRectangle
Rs. 50Indian Parliament HouseSquare
Rs. 100HimalayasTriangle
New notes - Post 2016
Rs. 2000 Mangalyaan
Rs. 500 (new)Red Fort
Rs. 200 Sanchi StupaLetter H
Rs. 100 Rani ki Vav
Rs. 50 Hampi with chariot
Rs. 20 Ellora caves
Rs. 10 Konark sun temple
Demonetized notes
Rs. 1000Economy of India represented by an oil rig, satellite, computer, harvester and foundryDiamond
Rs. 500Dandi march represented by Gyarah Murti statue of DelhiCircle

Test Yourself

 

www.leadthecompetition.in

Select the right answer

1. Sanchi Stupa


2. Ellora Caves


3. Mangalyaan


4. Konark Sun Temple


5. Rani ki vav


6. Red Fort


7. Hampi chariot



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