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News India Live, Digital Desk: Indian coinage act: Has it ever happened to you that a shopkeeper, vegetable or auto person has refused to take a coin of 10 rupees from you? If yes, then this news is very important for you. There are many types of rumors in the market regarding 10 rupee coins, due to which common people and shopkeepers shy away from taking it.
But now the Reserve Bank of India (RBI) has once again taken a tough stand on this and has made it clear that it is a legal offense to refuse to take a coin of 10 rupees.
Why is there confusion among people?
Actually, from time to time the Reserve Bank has been releasing new designs of 10 rupee coins. You will be surprised to know that the Reserve Bank has so far 14 different types of coins of 14 different types Has issued Often people get confused by seeing these coins with different designs and consider them fake. Due to this confusion, they refuse to take it.
What did RBI say? (This is the real rule)
Reserve Bank of India (RBI) has made it clear many times that for 10 rupees All 14 designs fully real and legally valid (Legal Tender) Are. This means that these coins are completely valid for transactions in the market. RBI has clarified that no person or institution can refuse to take them.
What can be the action if not taking the coin?
According to RBI rules, no person can refuse to take Indian currency (including coins). Doing so is a legal offense.
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Indian Coinage Act Under, legal action can be taken against the person doing so.
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In severe cases, it Sedition Can also be considered in the category and an FIR can be lodged against the person concerned.
What to do if someone refuses to take a coin?
If a shopkeeper or person refuses to take any coin of 10 rupees from you, then you can tell him about this rule. If he still does not agree, then you can complain to the police.
So next time, do not hesitate to take or give coins with any design of 10 rupees. All these coins are real and are an important part of our economy. Do not pay attention to rumors and become aware.
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