RBI SET TO RELEASE RS 350 COINS

According to reports, the Reserve Bank of India is set to release coins of Rs 350 denomination to commemorate the 350th birth anniversary of Shri Guru Gobind Singh. The coin will be made of Quaternary Alloy - Silver (50%), Copper(50%), Nickel (5%) and Zinc (5%). The coin with 44 millimetres of circumference will have the Lion Capital of Ashoka Pillar in the centre of its front face. The coin will also have inscriptions of words - Satyamev Jayate, Bharat, India - along with a Rupee symbol and denominational value “350” in International Numerals below the Lion Capital.