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Tuesday, August 9, 2011

2010 -- RESERVE BANK OF INDIA PLATINUM JUBILEE COMMEMORATION ISSUE:

The RBI ( Reserve Bank of India) was established in India on 1st  April, 1935. It regulates the issue of bank notes, keeps reserves with a view to securing monetary stability in India and operates the currency and credit system in the best interests of the country. The Central Office of the Reserve Bank was initially established in Kolkata, but was permanently moved to Mumbai in 1937.

To commemorate the Platinum Jubilee of establishment of RBI in 2010, India issued this 5 rupees coin on 1st April, 2010, for general circulation. Out of the other 4 coins issued on the same occasion, the 1 rupee, 2 rupees and the 10 rupees coins were issued for general circulation and the coin, in the denomination of 75 rupees, was issued as  proof / uncirculated specimen.

Specifications
Year of issue – 2010
Obv – The obverse of this coin shows the image of   the emblem of Reserve Bank of India, namely Palm Tree and Tiger with inscription "Bharatiya Reserve Bank" in Hindi, on the left periphery and "RESERVE BANK OF INDIA" in English on the right periphery. The words "PLATINUM JUBILEE" in both Hindi and English along with year "1935-2010" is also inscribed below the emblem.

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