how to purchase rbi new coins
Ever since the demonetisation on November 8, 2016, there has been a deluge of misinformation about new currency notes. Be it the ‘computer chip’ in the new Rs 2,000 note, or new coins of unique denominations, social media is flooded with false claims. Not a long back, there was a story doing rounds that the Narendra Modi government is planning to launch new currency notes to mark the anniversary of 2018’s note ban. Just like any other social media forward that ‘news’ also turned out to be fake. Now, another message has gone viral that the Reserve Bank of India has launched new Rs 1,000 coin.
News Nation also found a Facebook post claiming the launch of Rs 1,000 coin. (Photo Credit: News Nation)
The RBI has not stated the exact number of coins to be minted. This may be a limited edition coin.
“This face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend “Satyamev Jayate” inscribed below, flanked on the left periphery with the word “Bharat” in the Devanagari script and on the right periphery with the word “INDIA” in English and it shall also bear the Rupee symbol and denominational value “350” in International Numerals below the Lion Capitol,” said RBI in its notification.
Subhash Chandra Agrawal, an RTI activist, spoke to The Better India about the way these special edition coins are released.
Watch the video to know the entire process:
The notes of Rs. 5 and Rs. 2 are photoshopped
Fact: The Reserve Bank of India hasn’t launched currency notes of denomination Rs. 5000 and Rs. 350. It has also not released new notes of denomination Rupees 5 and 2. And, the images of Rs. 5 and Rs. 2 notes in the post are photoshopped ones. So, the claim is FALSE.
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