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A notorious cryptocurrency scam operated by a 10th-grade dropout has duped hundreds of people, including businessmen and ...
Imagine earning Rs 4 lakh from an old 1 rupee coin lying unused in your drawer or piggy bank. Sounds too good to be true?
Responding to an RTI request the Reserve Bank of India (RBI) revealed that the average cost to manufacture a one-rupee coin is Rs 1.11, more than its own worth. The one-rupee coin, which has ...
According to a 2018 disclosure by the Reserve Bank of India (RBI) in response to an RTI query, the production cost of a one-rupee coin is Rs 1.11. The disparity between production costs and face ...
Sher Shah Suri (1540-1545 AD) issued a silver coin called ‘Rupiya,’ a legacy that continues today. Join us on a journey ...
The primary medium of exchange in India is the rupee (INR). It was introduced as a silver coin by Sher Shah Suri in the 16th century. The rupee then became a fiat currency under British colonial rule.
Producing the humble one-rupee coin costs the Indian government more than its face ... which has been in circulation since 1992, costs ₹1.11 to mint, surpassing its own value.