CA NeWs Beta*: Reserve Bank of India launched 150 Rupee Coin

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Thursday, March 1, 2012

Reserve Bank of India launched 150 Rupee Coin



Reserve Bank of India launched 150 Rupee Coin

Description: Launching

India is celebrating the Rabindranath Tagore's 150th birth anniversary. On this celebration Reserve Bank of India launched the 150 Rupee coin in memory of Nobel Prize Winner - Gurudev - Sri Rabindranath Tagore. Newly launched 150 Rupee coin is about 40 mm in diameter and It's weighs is about 35 grams. The Rs. 150 coin, made of an alloy of Silver, Copper, Nickel and Zinc, will have an international design which contain Rabindranath Tagore image on one side and  image of Ashok Stambha on another side.
For the first time in the country’s minting history, Government will issue coins of Rs. 150, marking the number of years of taxation in India.
The special coins, to be released by Finance Minister Shri Pranab Mukherjee before his Budget speech.
This is the first time that coins of Rs. 150 denomination are being minted by the Indian Government. The Department of Economic Affairs under the Finance Ministry recently notified the order.

Both Side of Indian 150 Rupee Coin
 
Description: Indian 150 Rupee Coin Both Side Image

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