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Tuesday, December 27, 2011

RBI to issue commemorative coins for 100 years of civil aviation

The Reserve Bank of India today said it will shortly issue coins of Rs 5 denomination to commemorate hundred years of civil aviation.

“The RBI will shortly put into circulation coins of Rs 5 denomination... to commemorate 100 years of civil aviation and are legal tender as provided in the Indian Coinage Act, 1906,” the apex bank said in a statement.

The coins will be circular in shape and have a diameter of 23 mm.

On the obverse side, the face of the coin shall bear the Lion Capitol of the Ashoka Pillar in the centre. It shall also bear the denominational value ‘Rs 5’.

On the reverse side, the coin shall bear the image of an aircraft and the figure ‘100’ The year ‘1911-2011’ shall be shown at the bottom.


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