Multiple Choice Questions on Coins are made up of ........ for IBPS (PO/SO) Preparation

RBI Act

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Indian Economy - Understanding the basics of Indian economic system

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    Coins are made up of _______

    stainless steel

    Correct Answer

    iron

    Incorrect Answer

    copper

    Incorrect Answer

    aluminium

    Incorrect Answer
    Explanation:

    The correct option is 1: stainless steel.

    Explanation:

    • Coins in India, especially those of denominations like Rs. 1, Rs. 2, Rs. 5, and Rs. 10, are primarily made from stainless steel or a combination of metals such as nickel and copper.
    • Stainless steel is used because it is durable, resistant to corrosion, and cost-effective for minting coins.

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