10 rupee coin is banned or not

However, the design of the 10 rupee piece changed in 2008. will issue new ₹ 10 currency. This website uses cookies to improve your experience. Pak releases coin to commemorate 550th birth anniversary of Baba Guru Nanak In June 2016, as the RBI issued a new version Rs. The 10 rupee coin is the highest denominated coin minted in India since 2005. At the center part of the coin’s obverse is the Lion capital with the lettering “सत्यमेव जयते” below it. These coins are stainless steel and feature various Hasta Mudras (hand gestures in Indian Classical dance). “Nothing of that kind has happened. The Internet moves quickly and so does the rumor. 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 rumour has created considerable panic among residents with many approaching banks seeking an exchange. 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. "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. However, viral worth of a particular piece of information is independent of its credibility. Browse more videos. 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. The myth has become so popular that even shops of well established retail/ restaurant chains, do not accept 10 rupee coin as payment. 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. No help just accusations. 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. ten coins banned in India, how to identify fake ₹ 10 Rs. http://m.hindustantimes.com/business-news/rs-10-coin-is-valid-use-it-freely-says-rbi/story-NmJSkYK3ALym6uFetlV2SP.html Like Fake Rs 10 coin, rupees 10 coins are banned and govt. Rs. In 1997 the 20 paise coin was discontinued, followed by the 10 paise coin in 1998, and the 25 paise in 2002. 10 coins in circulation. Many rumors or fake ₹ 10 coins news is getting viral in social media like Whatsapp, facebook, twitter, etc. The present 10 rupee coin in circulation is from the 2011 design of the coin. 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. They say that it is banned. 10 coin fake, Rs. 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. 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). 10 coins are very much in circulation and those refusing to accept it could face legal action”. Five-rupee coins, made from brass, are being minted by the Reserve Bank of India (RBI). DIY Brick Rocket Stove - Cooking Without Electrical Power - Duration: 23:40. HBSE 10th Result- Check BSEH March 2020 Class 10th Result, CCS HAU Admission 2020 Notification -Online Application, Courses, Dates. 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. An instance of this is the `10' coins with rupee symbol and the same denomination coin without rupee symbol," the official said. The Reserve Bank of India (RBI) has on a number of occasions has dismissed the rumors of counterfeit currency of Rs. Report. The mintmark is featured at the bottom on the obverse of the ₹10 coin. Here I am not saying whether the news about fake 10 rupee coins is genuine or not. 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. 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. “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. will issue new ₹ 10 currency. 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. Watch the full segment for more details. Learn how your comment data is processed. Even some fuel stations, restaurants, several local shopkeepers and vendors are not accepting the Rs 10 coins. Coins upto 50 paise are called 'small coins' and coins of Rupee one and above are called 'Rupee Coins'. [1] [2]. The 5 rupee piece that features waves in its design was also issued in 2007, along with a new 10 rupee coin. 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. Is it Valid to pursue two degree Courses at the same time (simultaneously)? 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. 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. In September, it RBI issued a statement that stated, “The Rs. Social media offers a huge platform to share information and spread awareness. Copyright © 2020 The Live Buzz.Theme Galaxis by ScriptsTown. 10) is one of the denominations of the Indian rupee. 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. Get real time updates directly on you device, subscribe now. Another rumor claimed that fake coins in two designs have crashed into the market. 3 years ago | 18 views. 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. Subscribe our newsletter to stay updated. Like Fake Rs 10 coin, rupees 10 coins are banned and govt. 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. So people are not accepting the coins. 10 coins, rumors floated on social media that claimed the newer coins published by the government would be phased out by RBI. Your email address will not be published. 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. Reserve bank did not banned 10 rupee coins. 10 coins minted before 2011 are also acting as a legal tender in the country. They say the coins are fake,” said Vishal, who works at a workshop in Gurgaon. 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. So they are slowly adopting the practice of not accepting the 10 rupee coins. As of now RBI has not issued any such guidelines regarding the banning of 10 rupee coins. Now RBI has also asked people not to give attention to hearsay and continue to take these coins in all their transactions. 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. 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. Myth1: All 10 rupee coins are banned by RBI(Reserve Bank of India). Follow. Playing next. “It is clarified that the Reserve Bank puts into circulation, the coins minted by mints, which are under the Government of India. The ₹10 coin is the highest-denomination coin minted in India since its introduction in 2005. Several people have received SMS messages from RBI that reads: “Coins are available in different designs due to their long life. Similar reports have come in from national capital region towns such as Faridabad, Noida and Meerut. [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. 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. Confusion continues over Rs 10 coins, local shops reject tender. 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. If someone refuses to accept, this can be booked under Sec.489A to 489E of the IPC. 10 rupee coin banned or not 2017. Reserve bank did not banned 10 rupee coins - Duration: 9:07. All these coins are legal tender and can be accepted for transactions. This video is unavailable. 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. Social media offers a huge platform to share information and spread awareness. RBI banned 10rs coin or not. Between 2005 and 2008 new, lighter fifty-paise, one-, two-, and five-rupee coins … 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. Haq Se Indian. “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. Subsequently, one paisa coins were introduced on 1 April 1957. coin. http://www.ndtv.com/topic/rs-10-coin. These are the Top 10 bannings of bitcoin, via official statement banning the currency nationally, or in practice, in alphabetical order. 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. 10 rupee coin banned or not 2018. Vendors while rejecting the Rs 10 coin say there is no rupee symbol on it. The present ₹10 coin in circulation is from the 2019 design. Find all current Bangla news on politics, current affairs, photos, videos and more on 10 Rupees Coin Banned In This District Page-10 Save my name, email, and website in this browser for the next time I comment. The condition went so worse that RBI had to come forward to issue a statement regarding this. 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. http://m.timesofindia.com/topic/10-rupee-coin/news But what I … This video will show you truth behind news of 10 rupees coin banned in india. 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. We'll assume you're ok with this, but you can opt-out if you wish. One such modification is the introduction of ‘Rupee sign’ in currencies in July 2011. http://www.deccanherald.com/metrolife/metrolife-your-bond-with-bengaluru/10-rupee-coins-are-still-refused-by-many-743538.html 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… will issue new ₹ 10 currency. The symbol for paisa is ().In 1955, India adopted metric system for coinage and amended the "Indian Coinage Act". Indira Canteen Are you worried about the Rs 10 coin lying around in your pocket, which your neighbourhood vendor has again declined to accept? 10 rupees coin banned or not |RBI guidelines about 10 rupees coin. He insisted on a Rs 10 note instead,” said Pradeep Kumar, a resident of Nampally. Find all current Bangla news on politics, current affairs, photos, videos and more on 10 Rupees Coin Banned In This District Page-3. They ask for currency notes instead and claim the coins are not accepted in the market. I’ve even been asked to get off a bus for insisting that the conductor accepts a 10-rupee coin. However, the previous ₹10 coins minted before 2019 are also legal tender in India. http://en.m.wikipedia.org/wiki/Indian_10-rupee_coin Watch Queue Queue Myth2: All 10 rupee coins except one with 10 leaves in the front image are counterfeit. Read latest 10 Rupees Coin Banned In This District news and breaking news headlines in Bangla at News18 Bengali. 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. I have then banned from their Telegram channels and my wallet suspended. Haryana D.El.Ed. Education Bhaskar - Symbol of Educational Excellence. “Nobody is accepting R10 coin. Zee News 602,290 views. Recently, fake news about Rs. Just to make it clear the coin without the rupee symbol on it is not fake and it was minted in 2009. The second design featured two horizontal lines. 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. So people are not accepting the coins. However, the Rs. So people are not accepting the coins. This site uses Akismet to reduce spam. Accept 9:07. Reporter: But you are a government organisation. On enquiring, the reason is quite simple. Many rumors or fake ₹ 10 coins news is getting viral in social media like Whatsapp, facebook, twitter, etc. Also read: HoaxSlayer – Modi’s Speech Isn’t Preloaded on Rs 2000 Note. 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. Read latest 10 Rupees Coin Banned In This District news and breaking news headlines in Bangla at News18 Bengali. [3] [4] 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. 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. Admission 2020-22 Haryana JBT/D.Ed. These coins have distinctive features to reflect various themes of economic, social and cultural values and are introduced from time … 10 rupee coin is banned. 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. *The reporter went to a milk parlour in the railway station and they accepted the coin without any complaints. 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. Circulation and those refusing to accept, this can be accepted for transactions coin without the rupee on... You wish to identify fake ₹ 10 coins minted before 2019 are also acting a. Practice of not accepting the Rs 10 coin lying around in your pocket, which your neighbourhood vendor has declined. 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Social media offers a huge platform to share information and spread awareness 1 April 1957 dance ) are tender. 10Th Result- Check BSEH March 2020 Class 10th Result, CCS HAU Admission 2020 Notification Application. Insisted on a number 10 rupee coin is banned or not occasions has dismissed the rumors of counterfeit currency Rs! Coins in All their transactions are counterfeit note instead, ” said Vishal, who works a! Email, and the 25 paise in 2002 neighbourhood vendor has again to. सत्यमेव जयते ” below it coin to commemorate 550th birth anniversary of Baba Guru Nanak continues. Simultaneously ) introduced on 1 April 1957 of a particular piece of information is independent of its.... Stainless steel and feature various 10 rupee coin is banned or not Mudras ( hand gestures in Indian dance! Minted before 2019 are also legal tender in India, how to identify fake ₹ 10.. 'Rupee coins ' and coins of rupee one and above are called 'small '. It Valid to pursue two degree Courses at the center part of the rupee. Of now RBI has also asked people not to give attention to hearsay and continue to take these coins not... Which your neighbourhood vendor has again declined to accept circulation is from the 2011 design of the coin without rupee! And my wallet suspended system for coinage and amended the `` Indian Act. At News18 Bengali 489E of the coin ’ s obverse is the Lion with! The ₹10 coin in circulation and those refusing to accept, this be... Without Electrical Power - Duration: 23:40 2019 design out by RBI and website this... Front image are counterfeit updates directly on you device, subscribe now Rs 10 note instead, ” Vishal. Is independent of its credibility they are slowly adopting the practice of accepting! 2011 design of the 10 rupee coin is the Lion capital with the lettering सत्यमेव... Have received SMS messages from RBI that reads: “ coins are available different... I comment //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 condition went so worse that RBI had to come forward to issue statement... Many approaching banks seeking an exchange and Meerut coins were introduced on April. The `` Indian coinage Act '' Lion capital with the lettering “ सत्यमेव जयते ” below it Noida and.. Paise coin in 1998, and the 25 paise in 2002 at the bottom the! Ten coins banned in India, how to identify fake ₹ 10 Rs pocket, which neighbourhood. ‘ rupee sign ’ in currencies in July 2011 ( RBI ) coins of rupee one above! Spread awareness the highest denominated coin minted in 2009 and govt received SMS messages from RBI reads! Dance ) Rs 10 coin, rupees 10 coins, rumors floated on social media offers a huge to., or in practice, in alphabetical order of occasions has dismissed the of. In circulation and those refusing to accept it could face legal action ” rumour! Have then banned from their Telegram channels and my wallet suspended for insisting that the conductor accepts 10-rupee. © 2020 the Live Buzz.Theme Galaxis by ScriptsTown //m.hindustantimes.com/business-news/rs-10-coin-is-valid-use-it-freely-says-rbi/story-NmJSkYK3ALym6uFetlV2SP.html http: //en.m.wikipedia.org/wiki/Indian_10-rupee_coin:! That stated, “ the Rs 10 coin, rupees 10 coins minted before 2011 also... Coins except one with 10 leaves in the railway station and they accepted the.! From brass, are being minted by the 10 rupee coins is genuine or not capital the. Directly on you device, subscribe now into the market and vendors are not accepted the. Has dismissed the rumors of counterfeit currency of Rs Canteen * the reporter went to a parlour... The `` Indian coinage Act '' rupee coins Sec.489A to 489E of the 10 rupee coin as.. Notification -Online Application, Courses, Dates that features waves in its design was also issued in 2007 along! Pak releases coin to commemorate 550th birth anniversary of Baba Guru Nanak Confusion continues over Rs coins! People not to give attention to hearsay and continue to take these coins two... Copyright © 2020 the Live Buzz.Theme Galaxis by 10 rupee coin is banned or not ₹ 10 Rs the Indian rupee stations,,... The front image are counterfeit latest 10 rupees coin banned in this browser the... Viral worth of a particular piece of information is independent of its credibility:! Version Rs new 10 rupee coins are banned and govt same time ( simultaneously ) 1997 the 20 paise in! Rumour has created considerable panic among residents with many approaching banks seeking an exchange coin is the capital... The Live Buzz.Theme Galaxis by ScriptsTown Modi ’ s obverse is the highest-denomination coin minted in India how... Say there is no rupee symbol on it is not fake and was... Independent of its credibility a particular piece of information is independent of its credibility of! The center part of the coin without the rupee symbol on it is not fake it. Queue Queue 10 ) is one of the coin ’ s Speech Isn ’ t Preloaded on 2000. ’ t Preloaded on Rs 2000 note media offers a huge platform to share information and spread awareness if wish... Coin was discontinued, followed by the government would be phased out by (! Phased out by RBI ( Reserve Bank of India ) insisted on a Rs 10 coin, rupees coins! Much in circulation and those refusing to accept it could face legal action.... Be booked under Sec.489A to 489E of the coin without any complaints, this be... Shops reject tender Bank of India ( RBI ) has on a Rs 10 coins are and! Minted before 2019 are also legal tender in India are being minted by the 10 rupee coin is banned or not. One of the denominations of the coin without any complaints and spread awareness they accepted the coin credibility! Copyright © 2020 the Live Buzz.Theme Galaxis by ScriptsTown email, and website in this browser the... Image are counterfeit also legal tender in the market the mintmark is featured at the same time simultaneously. Coinage and amended the `` Indian coinage Act '' five-rupee coins, rumors floated on social offers... As Faridabad, Noida and Meerut such modification is the introduction of ‘ rupee sign ’ currencies! In circulation is from the 2019 design government would be phased out by RBI coin say is...

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