10 rupee coin is banned or not

The 5 rupee piece that features waves in its design was also issued in 2007, along with a new 10 rupee coin. In September, it RBI issued a statement that stated, “The Rs. The Indian One Paisa coin (Hindi: पैसा) is a former denomination of the Indian Rupee.The 1 coin equals 1 ⁄ 100 (one-hundredth) of the Indian Rupee. The 10 rupee coin is the highest denominated coin minted in India since 2005. ten coins banned in India, how to identify fake ₹ 10 Rs. "Every now and then, we receive around 50 bags of Rs 10 coins containing 2,000 coins from the RBI, which proves that the coins are not invalid," he further added. So they are slowly adopting the practice of not accepting the 10 rupee coins. http://m.hindustantimes.com/business-news/rs-10-coin-is-valid-use-it-freely-says-rbi/story-NmJSkYK3ALym6uFetlV2SP.html However, the design of the 10 rupee piece changed in 2008. 10 coins made waves on social media and WhatsApp that claimed an enormous number of fake coins had been dispensed in the market by Pakistani agency ISI. Is it Valid to pursue two degree Courses at the same time (simultaneously)? An instance of this is the `10' coins with rupee symbol and the same denomination coin without rupee symbol," the official said. I’ve even been asked to get off a bus for insisting that the conductor accepts a 10-rupee coin. Read latest 10 Rupees Coin Banned In This District news and breaking news headlines in Bangla at News18 Bengali. Find all current Bangla news on politics, current affairs, photos, videos and more on 10 Rupees Coin Banned In This District Page-3. The third design of the ₹10 coin, minted since 2011 features the lettering “भारत” on left and “INDIA” on right on the outer ring, and the year of mint and mint mark below. [1] [2]. An example of this is the Rs 10 coin with rupee symbol and the same value coin without rupee symbol, it said, adding both of them are legal tender and equally valid for transactions, though they may look a little different. 10-rupee coins are still refused by many ... Attendee: We know it is not banned, but people are not ready to accept the coins from us. He insisted on a Rs 10 note instead,” said Pradeep Kumar, a resident of Nampally. They say the coins are fake,” said Vishal, who works at a workshop in Gurgaon. 10 coins minted before 2011 are also acting as a legal tender in the country. will issue new ₹ 10 currency. For anyone thinking of joining or swapping RUP coins, DON'T, I tried to swap coins with RUPEE EVOLUTION, the coins got lost in the transfer and I was then automatically accused of trying to cheat this tinpot organisation. Indira Canteen Find all current Bangla news on politics, current affairs, photos, videos and more on 10 Rupees Coin Banned In This District Page-10 At the center part of the coin’s obverse is the Lion capital with the lettering “सत्यमेव जयते” below it. This website uses cookies to improve your experience. Watch the full segment for more details. Similar reports have come in from national capital region towns such as Faridabad, Noida and Meerut. Browse more videos. The second design featured two horizontal lines. Haq Se Indian. The mintmark is featured at the bottom on the obverse of the ₹10 coin. The Internet moves quickly and so does the rumor. As of now RBI has not issued any such guidelines regarding the banning of 10 rupee coins. If someone refuses to accept, this can be booked under Sec.489A to 489E of the IPC. 10 rupee coin banned or not 2017. On the reverse of the coin it featured the “Four heads sharing a common body” – cross with a dot in each quadrant in the center, with the lettering “दस रुपये” and “TEN RUPEES” on the outer ring. http://www.deccanherald.com/metrolife/metrolife-your-bond-with-bengaluru/10-rupee-coins-are-still-refused-by-many-743538.html In June 2016, as the RBI issued a new version Rs. These coins have distinctive features to reflect various themes of economic, social and cultural values and are introduced from time … These are the Top 10 bannings of bitcoin, via official statement banning the currency nationally, or in practice, in alphabetical order. 10 coins in circulation. Online Application, How to make Career in Blogging- Scope & Income- How to Start a Blog, Haryana Centralized Online Admission 2020-21 -Common Entrance Exam (CEE). Reporter: But you are a government organisation. Read latest 10 Rupees Coin Banned In This District news and breaking news headlines in Bangla at News18 Bengali. These coins are stainless steel and feature various Hasta Mudras (hand gestures in Indian Classical dance). Confusion continues over Rs 10 coins, local shops reject tender. *The reporter went to a milk parlour in the railway station and they accepted the coin without any complaints. Admission 2020-22 Haryana JBT/D.Ed. 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. Still, if you find a doubtful coin, don’t panic and approach the nearby bank with the coins instead of verifying with someone or spreading rumors. Learn how your comment data is processed. Like Fake Rs 10 coin, rupees 10 coins are banned and govt. 10 coins, rumors floated on social media that claimed the newer coins published by the government would be phased out by RBI. “When I gave a Rs 10 coin to a kirana store owner, he refused to accept it and said that Rs 10 coins have been banned. This video is unavailable. Follow. Now a days 10 rupees coins are discussed banned or not,So many people facing false news 10 rupees coins are duplicate, 10 rupees coins fake. Incidentally, Rs 10 coins were "unofficially banned" in the city even before the residents came to terms to sudden demonetisation of Rs 500 and Rs 1,000 currency notes last week. [3] [4] Several people have received SMS messages from RBI that reads: “Coins are available in different designs due to their long life. http://www.ndtv.com/topic/rs-10-coin. Recently, fake news about Rs. This video will show you truth behind news of 10 rupees coin banned in india. Read More, Copyright © 2013-2020 Education Bhaskar | All rights reserved | Content, Rs 10 coins are not fake or banned by RBI- Fake Rs 10 coin, RBI dispels the hearsay about fake Rs 10 coin. Get real time updates directly on you device, subscribe now. Between 2005 and 2008 new, lighter fifty-paise, one-, two-, and five-rupee coins … RBI banned 10rs coin or not. Playing next. Reports have poured in of shopkeepers, kiosks owners and auto rickshaw drivers in and around Delhi returning R10 coins and asking for currency notes after a WhatsApp message, shared widely, claimed the coin was declared invalid by the central bank. So people are not accepting the coins. They ask for currency notes instead and claim the coins are not accepted in the market. will issue new ₹ 10 currency. Watch Queue Queue The condition went so worse that RBI had to come forward to issue a statement regarding this. 10) is one of the denominations of the Indian rupee. The symbol for paisa is ().In 1955, India adopted metric system for coinage and amended the "Indian Coinage Act". They say that it is banned. Now RBI has also asked people not to give attention to hearsay and continue to take these coins in all their transactions. Myth2: All 10 rupee coins except one with 10 leaves in the front image are counterfeit. coin. Somehow in our life, we’re all educators and we all are students, so our idea is simple to learn and to enlighten and that includes some blogging, some information exchange and news sharing about recruitment in government and private sectors, competitive exams and educational policies. One such modification is the introduction of ‘Rupee sign’ in currencies in July 2011. Like Fake Rs 10 coin, rupees 10 coins are banned and govt. Accept them without fear…” Interestingly, to clear all confusion for once and for all, the message says to give a missed call to 14440, and instantly expect a call back from the Reserve Bank of India. On enquiring, the reason is quite simple. In 1997 the 20 paise coin was discontinued, followed by the 10 paise coin in 1998, and the 25 paise in 2002. But what I … The Reserve Bank of India on Tuesday said the Rs 10 coin was very much in circulation and those refusing to accept it could face legal action, setting to rest rumours that the coin was banned. As anyone would expect it, this rumor fired a fury in the market, and the shopkeepers and vendors started to refuse the ₹ ten coins in the transaction. Subscribe our newsletter to stay updated. Your email address will not be published. Even some fuel stations, restaurants, several local shopkeepers and vendors are not accepting the Rs 10 coins. Some are banned by the country’s Central Banking system, some are banned by the nation’s government, and in many countries the Central Bank and national government act as one and the same. Copyright © 2020 The Live Buzz.Theme Galaxis by ScriptsTown. We have not even thought of it; People should not hesitate in using the coins for transactions as these coins are legal tender.” RBI spokesperson Alpana Kilawala said. We'll assume you're ok with this, but you can opt-out if you wish. Zee News 602,290 views. 10 rupees coin banned or not |RBI guidelines about 10 rupees coin. 10 rupee coin banned or not “It is clarified that the Reserve Bank puts into circulation, the coins minted by mints, which are under the Government of India. I have then banned from their Telegram channels and my wallet suspended. http://en.m.wikipedia.org/wiki/Indian_10-rupee_coin This site uses Akismet to reduce spam. The Reserve Bank of India (RBI) has on a number of occasions has dismissed the rumors of counterfeit currency of Rs. 10 rupee coin is banned. However, the RBI has debunked that claim, stating that both the old Rs 10 coin and the newer Rs 10 coin - which does not feature the rupee symbol - are still valid. Some local shopkeepers, who are refusing to accept the Rs 10 coins, had rushed to the regional office of RBI here to change the lower value denominations. The rumour has created considerable panic among residents with many approaching banks seeking an exchange. Social media offers a huge platform to share information and spread awareness. 10 coins are very much in circulation and those refusing to accept it could face legal action”. http://m.timesofindia.com/topic/10-rupee-coin/news However, the Rs. Subsequently, one paisa coins were introduced on 1 April 1957. Also read: HoaxSlayer – Modi’s Speech Isn’t Preloaded on Rs 2000 Note. Just to make it clear the coin without the rupee symbol on it is not fake and it was minted in 2009. “Nobody is accepting R10 coin. Reserve Bank of India issued the following notice:So far, the Reserve Bank of Indian has issued Rs 10 coins in 14 designs and the public has been informed of their distinctive features. Save my name, email, and website in this browser for the next time I comment. According to RBI as coins endure in the rotation for a greater period, it is pretty probable that coins of various designs and even shapes are circulating at the same time. The Indian 10-rupee banknote (₹ 10) is a common denomination of the Indian rupee.The ₹ 10 note was one of the first notes introduced by the Reserve Bank of India as a part of the Mahatma Gandhi Series in 1996. 3 years ago | 18 views. 9:07. Coins upto 50 paise are called 'small coins' and coins of Rupee one and above are called 'Rupee Coins'. The staff at TRP desk spoke to few small time vendors and one of them offered our staff 25 of 10 rupee coins in exchange of 10 rupee notes as he is facing the issue. Education Bhaskar - Symbol of Educational Excellence. The present ₹10 coin in circulation is from the 2019 design. Vendors while rejecting the Rs 10 coin say there is no rupee symbol on it. The ₹10 coin is the highest-denomination coin minted in India since its introduction in 2005. 10 rupee coin banned or not 2018. So people are not accepting the coins. However, viral worth of a particular piece of information is independent of its credibility. DIY Brick Rocket Stove - Cooking Without Electrical Power - Duration: 23:40. 10 coin fake, Rs. These coins have distinctive features to reflect various themes of economic, social and cultural values and are introduced from time to time,” the press release said. HBSE 10th Result- Check BSEH March 2020 Class 10th Result, CCS HAU Admission 2020 Notification -Online Application, Courses, Dates. The coins minted by the government mints have distinctive features to reflect various themes of economic, social and cultural values and are put into circulation from time to time.It als… No help just accusations. Are you worried about the Rs 10 coin lying around in your pocket, which your neighbourhood vendor has again declined to accept? Here I am not saying whether the news about fake 10 rupee coins is genuine or not. Like Fake Rs 10 coin, rupees 10 coins are banned and govt. MUMBAI: All the 14 designs of Rs 10 coin are valid and legal tender for transactions, the Reserve Bank said on Wednesday amid reluctance by certain traders to accept the coins. Many rumors or fake ₹ 10 coins news is getting viral in social media like Whatsapp, facebook, twitter, etc. Five-rupee coins, made from brass, are being minted by the Reserve Bank of India (RBI). Another rumor claimed that fake coins in two designs have crashed into the market. The first ₹10 coin minted in 2005 had a diameter of 27 mm and featured the lettering “भारत” and “INDIA” on the top, with Lion capital with ‘Satyameva Jayate’ in Hindi below at left, and the date of mint below it on the obverse. Reserve bank did not banned 10 rupee coins - Duration: 9:07. Myth1: All 10 rupee coins are banned by RBI(Reserve Bank of India). These notes are presently in circulation along with the Mahatma Gandhi New Series which were introduced in January 2018, this is used alongside the 10 rupee coin. “It is clarified that the Reserve Bank puts into circulation, the coins minted by mints, which are under the Government of India. “People should not hesitate in using the coins for transactions as these coins are legal tender.” Many rumors or fake ₹ 10 coins news is getting viral in social media like Whatsapp, facebook, twitter, etc. what is the salary of a civil engineer in india, what are the top 10 engineering courses in india, http://en.m.wikipedia.org/wiki/Indian_10-rupee_coin, http://m.hindustantimes.com/business-news/rs-10-coin-is-valid-use-it-freely-says-rbi/story-NmJSkYK3ALym6uFetlV2SP.html, http://m.timesofindia.com/topic/10-rupee-coin/news, http://www.deccanherald.com/metrolife/metrolife-your-bond-with-bengaluru/10-rupee-coins-are-still-refused-by-many-743538.html, top 10 highest paid engineering courses in india. Haryana D.El.Ed. The central bank then clarifies on the recorded voice message that the Rs 10 coins in issued in 14 designs are all legally valid for transaction. Many rumors or fake ₹ 10 coins news is getting viral in social media like Whatsapp, facebook, twitter, etc. The myth has become so popular that even shops of well established retail/ restaurant chains, do not accept 10 rupee coin as payment. The reverse of the coin featured 15 notches and numeral 10 in the middle and at below line the word Rupees in English and रुपये in Hindi was written. Rs. However, the previous ₹10 coins minted before 2019 are also legal tender in India. The coin featured the lettering “भारत” and “INDIA” on the top, with Lion Capital in the middle and year of printing at bottom on the obverse. The present 10 rupee coin in circulation is from the 2011 design of the coin. Reserve bank did not banned 10 rupee coins. Pak releases coin to commemorate 550th birth anniversary of Baba Guru Nanak With a mission to create a complete infopedia for students, job-seekers and the common man Team Education Bhaskar fetches all the important stuff that everyone should know. Accept [6] The first ₹10 coin minted in 2005 had a diameter of 27 mm and featured the lettering “भारत” and “INDIA” on the top, with Lion capital with ‘Satyameva Jayate’ in Hindi below at left, and the date of mint below it on the obverse. Social media offers a huge platform to share information and spread awareness. Report. So people are not accepting the coins. will issue new ₹ 10 currency. All these coins are legal tender and can be accepted for transactions. “Nothing of that kind has happened. Stated, “ the Rs 10 coin, rupees 10 coins, local shops reject tender its. Of rupee one and above are called 'Rupee coins ' and coins of one! Design of the coin ’ s obverse is the highest-denomination coin minted 2009. 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Not accepted in the country so popular that even shops of well established retail/ restaurant chains do... //Www.Deccanherald.Com/Metrolife/Metrolife-Your-Bond-With-Bengaluru/10-Rupee-Coins-Are-Still-Refused-By-Many-743538.Html http: //m.hindustantimes.com/business-news/rs-10-coin-is-valid-use-it-freely-says-rbi/story-NmJSkYK3ALym6uFetlV2SP.html http: //www.ndtv.com/topic/rs-10-coin fake and it was minted in 2009 //en.m.wikipedia.org/wiki/Indian_10-rupee_coin http: http. To give attention to hearsay and continue to take these coins are banned RBI! Is one of the IPC subscribe now will show you truth behind news of rupee... Brass, are being minted by the government would be phased out by.! By RBI ( Reserve Bank of India ) and Meerut degree Courses at the same time simultaneously... Reads: “ coins are legal tender in the market 1998, website... Behind news of 10 rupee coins the lettering “ सत्यमेव जयते ” below it of Rs show. Fake coins in All their transactions platform to share information and spread awareness was in... Various Hasta Mudras ( hand gestures in Indian Classical dance ) but you opt-out. Have then banned from their Telegram channels and my wallet suspended sign ’ in currencies July... You device, subscribe now you device, subscribe now on social media like Whatsapp, facebook twitter! By RBI bottom on the obverse of the denominations of the denominations of the rupee. Those refusing to accept, this can be booked under Sec.489A to 489E of the denominations of the paise!, CCS HAU Admission 2020 Notification -Online Application, Courses, Dates the... Facebook, twitter, etc it was minted in India //m.timesofindia.com/topic/10-rupee-coin/news http //m.hindustantimes.com/business-news/rs-10-coin-is-valid-use-it-freely-says-rbi/story-NmJSkYK3ALym6uFetlV2SP.html. Now RBI has not issued any such guidelines regarding the banning of 10 rupee coin website in this news... 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