MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 6th March, 2019 G.S.R. 184(E).—In exercise of the powers conferred by clause (d) and clause (e) of sub-section (2) of section 24 of the Coinage Act, 2011 (11 of 2011), the Central Government hereby makes the following rules, namely:- 1. Short title and… Read More »
Source : Reserve Bank of India RBI/2015-16/310 A.P. (DIR Series) Circular No. 45/2015-16 [(1)/6(R)] February 04, 2016 To All Authorised Persons Madam/ Sir Foreign Exchange Management (Export and Import of Currency) Regulations, 2015 Attention of Authorised Persons is invited to Foreign Exchange Management (Export and Import of Currency) Regulations, 2015 notified vide Notification No. FEMA.6(R)/… Read More »
I. Coins Coins in India are presently being issued in denominations of 50 paise, one rupee, two rupees, five rupees and ten rupees. Coins up to 50 paise are called ‘small coins’ and coins of Rupee one and above are called ‘Rupee Coins’. Coins in the denomination of 1 paise, 2 paise, 3 paise, 5… Read More »
INDIAN CURRENCY (A) Some Basics History of Coins / currency: I. Coins II. Currency: What is the Indian currency called? What are the present denominations of banknotes in India? Can banknotes and coins be issued only in these denominations? Demonetization of higher denomination banknotes. What are the present available denominations of coins in India?… Read More »