New 20 Rs Coin in India: All you need to know
New 20 Rs Coin in India: All you need to know
A new coin with a denomination of 20 Rs Coin has been struck and will shortly be available for public use, nearly ten years after the last one.
An additional coin will soon be added to the Indian currency in the midst of the extremely contagious epidemic. A new coin with a denomination of 20 rupee coins has been struck and will shortly be available for public use, nearly ten years after the last one.
Where were the new coins struck ?
The world record holder and coin collector Mahesh Jain announced that the new 20 rs coin in India are available in the four Indian government mints located in Noida, Hyderabad, Kolkata, and Mumbai.
When will the 20 rs coins start to be used in trade?
The Reserve Bank of India (RBI) has received a shipment of coins from the Mumbai mint. Through regional offices, the Reserve Bank of India will send the coins to the banks. The statewide shutdown prevented the new Rs 20 coin from being circulated, despite its scheduled release in April. Consequently, the public would be able to purchase the new Rs 20 coin as soon as the lockdown opens.
What form will the 20 Rupee Coin take?
The Finance Ministry had previously announced that copper, zinc, and nickel would be used to make the new Twenty rupee coin. The Rs 20 coin with twelve edges is 27 millimeters round. The coin that is prepared into two discs weighs 8.54 grams in total.
The coin's exterior disk is composed of an alloy of 65% copper, 15% zinc, and 20% nickel. The coin has a pale golden hue.
Its front side will bear the legend "Satyamev Jayate" etched alongside the Lion Capitol symbol of Ashoka Pillar. The words "INDIA" in English and "Bharat" in Hindi are positioned on the left and right sides of the symbol, respectively.
The rupee symbol is placed next to the denominational value "20" on the coin's reverse side. The image of grains, which represents the nation's agricultural ethos, is imprinted above the denominational value.
Friendship Series for Visually Handicapped and Disabled
The 1, 2, 5, 10, and 20 rupee coins produced under the Visually Handicapped Disabled Friendship Series were revealed by Prime Minister Narendra Modi last year.
This series of coins all have the same design. The 2, 5, and 10 rupee coins are the ones that are now in use. While a one rupee coin is not yet available, a twenty rupee coin is being introduced and is anticipated to be in circulation.
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