The Coinage Act, 2011, allows issue of coins up to the denomination of ₹______ in India.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 1,000
- Coins in India are presently being issued in denominations of 50 paise, one rupee, two rupees, five rupees, ten rupees, and, twenty rupees.
- Coins up to paise are called small coins and Coins of Rupee one and above are called 'Rupee Coins.'
- Coins can be issued up to the denomination of Rs 1000 under the Coinage Act, 2011.