The 10 Rupee Coin: A Reserve Bank of India Initiative
The Reserve Bank of India (RBI) has been at the forefront of introducing new coins and banknotes to facilitate ease of transactions and promote a cashless economy. One such initiative is the 10 Rupee coin, which has been in circulation since 2009. In this article, we will delve into the features, design, and security features of the 10 Rupee coin.
Design and Features
The 10 Rupee coin is a bi-metallic coin, consisting of an outer ring made of aluminum-bronze and a inner circle made of cupro-nickel. The coin has a diameter of 27 mm and weighs 7.7 grams. The coin has a unique design, with the obverse (front side) featuring the Lion Capital of Ashoka, the national emblem of India, with the words "सत्यमेव जयते" (Satyameva Jayate) inscribed below it. The reverse (back side) of the coin features the denominational value "10" in the center, surrounded by the words "रुपये" (Rupees) in Hindi and "Rupees" in English.
Security Features
The 10 Rupee coin has several security features to prevent counterfeiting:
- Latent Image: When the coin is tilted, the numeral "10" in the center of the coin changes to "भारत" (Bharat) in Hindi.
- Micro-lettering: The coin features micro-lettering of "RBI" on the outer ring.
- Asymmetrical design: The coin has an asymmetrical design, making it difficult to replicate.
Minting and Distribution
The 10 Rupee coin is minted by the India Government Mint, which is responsible for producing coins and banknotes in India. The coin is distributed by the Reserve Bank of India to commercial banks, which then dispense it to the public through various channels.
Conclusion
The 10 Rupee coin is a testament to the Reserve Bank of India's efforts to promote a cashless economy and reduce the use of paper currency. With its unique design and advanced security features, the coin has become an integral part of India's circulating currency.
