new coin launched in india by rbi 2016

new coin launched in india by rbi 2016

The Indian 10-rupee coin ( ₹ 10) is a denomination of the Indian rupee. The ₹10 coin is the highest-denomination coin minted in India since its introduction in 2005. The present ₹10 coin in circulation is from the 2019 design. However, the previous ₹10 coins minted before 2019 are also legal tender in India. All ₹10 coins containing with and without the rupee currency sign are legal tender, as stated by the Reserve Bank of India. Along with the standard designs, there are 21 different designs for this denomination and are minted as circulating commemorative coins, this is used alongside the 10 rupee banknote.
This coin is rumored to be a fake one due to chaos on social media. However, the Reserve Bank of India (RBI) issued an official statement to address these rumors declaring that the old the design prior to 2011 is valid and is legal tender. [5]

New coin launched in india by rbi 2016
“This face of the coin shall bear the picture of “Takht Shri Harimandir Ji Patna Sahib” in the centre in Devanagari in the picture. The inscription “350TH PRAKASH UTSAV OF SRI GURU GOBIND SINGH JI” shall be written in Devanagari script on the upper periphery and in English language on the lower periphery of the coin. The year “1666” and “2016” in international numerals shall be flanked on the left and right periphery of the coin,” added the notification.
While small denomination coins are going out of fashion, the government is on a spree to introduce new denominations. Post the revival of Rs 10 coin, the RBI is set to roll out a coin of Rs 350 denomination to mark the 350th Birth Anniversary of Shri Guru Gobind Singh Ji.

New coin launched in india by rbi 2016
India News | Press Trust of India | Wednesday December 6, 2017
Ankit Chawla | Thursday January 4, 2018

New coin launched in india by rbi 2016
The RBI clarifies that since currency coins have longer life, so Rs 10 coins of different designs and shapes circulate in the market at the same time.
Offbeat | NDTV Offbeat Desk | Thursday August 24, 2017

The front face of the coin will have ‘Ashoka Pillar’ engraved on it.
While small denomination coins are going out of fashion, the government is on a spree to introduce new denominations. Post the revival of Rs 10 coin, the RBI is set to roll out a coin of Rs 350 denomination to mark the 350th Birth Anniversary of Shri Guru Gobind Singh Ji.

References:

http://m.economictimes.com/news/economy/policy/rbi-to-launch-rs-350-coin-all-you-want-to-know/articleshow/63475974.cms
http://www.ndtv.com/topic/new-currency
http://www.ndtv.com/topic/rs-10-coin
http://economictimes.indiatimes.com/news/economy/policy/rbi-to-launch-rs-350-coin-all-you-want-to-know/articleshow/63475974.cms
http://www.govtexamsadda.com/haryana-htet-result-cut-off-marks/amp/