Saturday, April 21, 2012

Thumbs down to coin



Here is the confusion for another decade.

The coins must differ in size with respect to its value but not in India. The newly introduced coins Re.1 & Rs.2 exactly matched the size of existing 50 paise & Re. 1 respectively.

RBI Governor's imaginary response to this confusion galore,

1. Oh! is there an existing coin system? I thought I am the first one to introduce coin system in India
2. I am only dealing with currency notes and why should I care about the coins
3. I want to teach the value of money to Indians

There is a 50 paise coin with a fist and 1 rupee coin with thumbs up.
No surprise to deflate the ongoing inflation, RBI will introduce negative value coins engraved with thumbs down.