Saturday, January 29, 2011

RBI to issue Rs 5 coin on Rajendra Prasad birth anniversary

The Reserve Bank of India (RBI) today said it will shortly put coins of Rs 5 into circulation, with the theme of 125th birth anniversary of the first President of the country Rajendra Prasad. The face of the coin shall bear the lion capital of Ashoka Pillar and it shall also bear the denominational value "5" in international numerals below the lion capital, RBI said in a release. The reverse of the coin shall bear the portrait of Rajendra Prasad in the centre, it said. Coins are legal tender as provided in the Indian Coinage Act, 1906. The existing Rs 5 coins in circulation shall also continue to be legal tender, it added.

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