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Question
RBI has withdrawn the circulation of coins in the denomination of 1 paise, 2 paise, 3 paise, 5 paise, 10 paise, 20 paise and 25 paise in which year?
RBI has withdrawn the circulation of coins in the denomination of 1 paise, 2 paise, 3 paise, 5 paise, 10 paise, 20 paise and 25 paise in which year?
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Solution
The correct option is B 2011
The Government of India has decided to withdraw coins of denomination of 25 paise and below from circulation with effect from June 30, 2011.According to the Reserve Bank of India (RBI), Wednesday was the last day when the 25 paise coin held legal value. The coins of denomination of 25 paise and below will cease to be legal tender from June 30.
The Government of India has decided to withdraw coins of denomination of 25 paise and below from circulation with effect from June 30, 2011.
According to the Reserve Bank of India (RBI), Wednesday was the last day when the 25 paise coin held legal value. The coins of denomination of 25 paise and below will cease to be legal tender from June 30.
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