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Cost of minting a One-Rupee coin is more than its face value, the cost is..., cost of making Rs 2, Rs 10, Rs 2000 is...
The disparity between production costs and face value extends to other coins as well: Rs 2 coin costs Rs 1.28 to produce. Rs 5 coin costs Rs 3.69. Rs 10 coin costs Rs 5.54. The one-rupee coin is ...
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Streamline currency and coinage system to reduce confusion
The circulation of coins in multiple sizes creates considerable confusion. Implementing a standardised approach to currency ...
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How Much Does It Cost To Mint One-Rupee Coin? It's More Than Its Value
New Delhi: The cost to manufacture a one-rupee coin is more than its value. According to a report ... a 5 rupee coin costs Rs 3.69 and a 10 rupee coin costs Rs 5.54. Let us tell you that in ...