Just about all public money these days is fiat money. Fiat meaning here not small Italian car, but "by decree." The government points to something and declares that is money. Might be a coin, might be ...
A young, independent candidate in Yadgir gave electoral officers backbreaking work by paying his deposit money of Rs 10,000 entirely in one rupee coins, which he had collected from voters across the ...
<br /><br />What is the issue?<br /><br />The 10 rupee coin's bad luck started soon after the government demonetised higher denomination notes on Nov. 8, 2016. One story claims that during the ...
There has often been a controversy surrounding the 10-rupee coin regarding which coins are genuine and which are fake. Because of this confusion, we sometimes mistake genuine coins for fakes. There ...
Rumors about counterfeit ₹10 coins have left shoppers and shopkeepers confused across India. While some people now inspect every coin—counting grooves, checking the rupee symbol or the placement of ...
It might come as a surprise, but the cost of minting a one-rupee coin in India is higher than its actual value. According to a 2018 disclosure by the Reserve Bank of India (RBI) in response to an RTI ...
The problem stems from the large variety of 10-rupee coins in circulation. More than 5 billion coins, worth over $775 million, have been minted since 2010. Rs. 10 coin have been issued both with rupee ...
Rajkot faces cash transaction issues as people reject Rs 10 and Rs 20 coins. Traders seek district collector's help due to coin rejection and note shortage. Rumours about fake coins worsen the problem ...
The problem stems from the large variety of 10-rupee coins in circulation. More than 5 billion coins, worth over $775 million, have been minted since 2010. Rs. 10 coin have been issued both with rupee ...