Saturday 9 February 2013

Reserve Bank Of India Platinum Jubilee 1935-2010


Reserve Bank Of India Platinum Jubilee 1935-2010 - Hyderabad Mint

I wish to talk about this coin first as a regard to RBI.
This coin was released by RBI in the year 2010. It was released to Celebrate 75 years or platinum jubilee for Reserve Bank of India. RBI. India's central banking institution is called The Reserve Bank of India , which controls the monetary policy of the Indian rupee or money. It was established on 1st April 1935 during the British Raj after the first world war.  As per the guidelines of Dr. Ambedkar in front of the Hilton Young Commission,  RBI was conceptualized.Its basic functions is to regulate the issue of bank notes, keep reserves to secure monetary stability of India, and generally to operate the currency and credit system in the best interests of the country. 
To honour such an institution the following commemorative coin was released in the year 2010.



Year Released:
2010
Diameter of the coin:
25 mm
Coins Shape:
Circular

Mint Mark:
Star (Hyderabad)

Weight:                     4.85 Grams

Metal:                         Stainless Steel



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