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Government to come out with Rs 20 coins for first time ever

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Government of India, Rs 20 coins, Demonetisation, New series coin, One Rs coin, Two Rs coin, Five Rs coin, Ten rupees coins, Narendra Modi, Arun Jaitley, Prime Minister, Finance Minister, Business news

New Delhi: The Government of India will come out with the first ever Rs 20 coin which will be shaped like a 12-edged polygon with design of grains to denote farm dominance in the country.

Besides, new series of one, two, five and ten rupees coins too would be minted, which will be circular in design and have denominations written in Hindi script.

Later in a tweet, Finance Minister Arun Jaitley said, Prime Minister Narendra Modi on Thursday released the new series Rs 1, Rs 2, Rs 5, Rs 10 and Rs 20 coins.

“These coins contain design features which will be of great assistance to visually impaired persons,” Jaitley said.

He further said, the Government, in 2015, had released a new series of banknotes which incorporated braille like signs for the benefit of visually impaired persons.

Economic Affairs Secretary Subhash Chandra Garg said, the new coins would be easily distinguishable from old coins.

The exact date of issuance of these new series coins is yet to be announced.

The Rs 20 coin will weigh 8.54 gm and its outside diameter will be 27mm with the outer ring made of nickel silver and the centre piece of Nickel brass, a finance ministry notification said.

The face of the new Rs 20 coin shall bear the ‘Lion Capitol of Ashoka Pillar’ with ‘Satyameva Jayate’ inscribed below. The left periphery will have the word ‘Bharat’ in Hindi and the right periphery will have the word ‘India’ in English.

 

Government of India to release new Rs 20 coins for first time ever:

 

The reverse side of the coin would have the denominational value ’20’ in the international numerals along with the Rupee symbol.

“The design of grains depicting the agricultural dominance of the country is flanked on the left periphery of the coin,” the notification said.

The year of minting in international numerals shall be shown on centre of left periphery of the coin, it added.

According to the notification the new Rs 10 coin will have a outside diameter of 27 mm and weigh 7.74 gm, while the Rs 5 coin will have a diameter of 25 mm and weight of 6.74 gms.

The new series one rupee and two rupees coin will weigh 3.09 gm and 4.07 gm, while the diameter would be 20 mm and 23 mm respectively.

The face of all these coins shall bear the Lion Capitol of Ashoka Pillar with the ‘Satyameva Jayate’ inscribed below, flanked on the left periphery with the word ‘Bharat’ in Hindi and on the right periphery with the word ‘India” in English.

As per Coinage Act, 1906, the Government of India has the sole right to mint coins and the responsibility for coinage vests with the Government. The designing and minting of coins in various denominations is also the responsibility of the Government.

Coins are minted at the four India Government Mints at Mumbai, Alipore (Kolkata), Saifabad (Hyderabad), Cherlapally (Hyderabad) and Noida (UP).

The coins are issued for circulation only through the Reserve Bank in terms of the RBI Act.

 

Business

Apple is giving a huge discount on its gadgets: Details inside

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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