A specific type of 5 rupee coin is being withdrawn from circulation. Online transactions have become easier with the creation of Digital India. Nowadays, many people use apps like GPay and PhonePe ...

Has RBI discontinued the Rs 5 coin from circulation? Why so? Will it remain a legal tender? Two types of five-rupee coins Two types of five-rupee coins exist in India: brass and thicker metal.

The government is also responsible for designing and minting coins. India adopted the decimal monetary system in 1957, when Rupee 1 was deemed to consist of 100 singular paisa. The Reserve Bank of ...

The circulation of coins in multiple sizes creates considerable confusion. Implementing a standardised approach to currency ...

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 ...