Which is the new one rupee coin of RBI?

Which is the new one rupee coin of RBI?

WhatsApp messages and social media posts like the one below say that the RBI has already issued a new one rupee note and coins of Rs. 20, Rs. 100 and Rs. 150. A variation of the message also shows a Rs. 1000 coin.

Are there any Rs 1, 000 coins in India?

The RBI has not issued new Rs 1,000 currency coins. Previously, the Reserve Bank of India had issued coins of denominations Rs 10, Rs 5 and Rs 150 to commemorate various occasions such as the birth anniversary of Jawaharlal Nehru and Motilal Nehru and centenary of Mahatma Gandhi’s return from South Africa.

When did RBI start issuing INR 75 coins?

Hence on 1st April 1935, according to the provisions of the Reserve bank of India Act of 1934, RBI was established to issue modern coins. To celebrate RBI’s platinum jubilee year, a Rs. 75 coin was issued in 2010. It was initially established to tackle the economic downfall after the First World War.

What are the denominations of coins of Reserve Bank of India?

Previously, the Reserve Bank of India had issued coins of denominations Rs 10, Rs 5 and Rs 150 to commemorate various occasions such as the birth anniversary of Jawaharlal Nehru and Motilal Nehru and centenary of Mahatma Gandhi’s return from South Africa. The RBI has listed out specific details about coins on its official website.

What are the special coins of Reserve Bank of India?

Reserve Bank of India mints special coins of India to celebrate anniversaries, centenaries etc. For the first time, Indian coins of 75, 150 and 1000 were minted. These coins celebrate the Reserve Bank of India’s platinum jubilee, 150th birth anniversary of Rabindranath Tagore and 1000 years of Brihadeeswarar Temple respectively.

Is the INR 150 coin legal tender in India?

Turns out the coins are not legal tender but were issued as commemorative coins much to the delight of coin enthusiasts. We found this Dec. 2015 post from Mintage World – RBI issues coins of INR 75, INR 150, INR 1000! Mintage World calls itself an online museum based in Mumbai that caters to numismatists, notaphilists and philatelists.