shahil has rs 10 in the form of 4 coins . the coins are of denominations.
Answers
Step-by-step explanation:
e Government of India has the sole right to mint coins. The responsibility for coinage vests with the Government of India in terms of the Coinage Act, 1906 as amended from time to time. The designing and minting of coins in various denominations is also the responsibility of the Government of India. Coins are minted at the four India Government Mints at Mumbai, Alipore(Kolkata), Saifabad(Hyderabad), Cherlapally (Hyderabad) and NOIDA (UP).
The coins are issued for circulation only through the Reserve Bank in terms of the RBI Act.
Five Rupee Coin Two Rupee Coin One Rupee Coin
Five Rupee Coin Two Rupee Coin One Rupee Coin
Fifty Paise Coin Twenty Five Paise Coin Ten Paise Coin
Fifty Paise Twenty Five Paise Ten Paise
Denominations
Coins in India are presently being issued in denominations of 10 paise, 20 paise, 25 paise, 50 paise, one rupee, two rupees and five rupees. Coins upto 50 paise are called 'small coins' and coins of Rupee one and above are called 'Rupee Coins'. Coins can be issued up to the denomination of Rs.1000 as per the Coinage Act, 1906.