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