The State of Manipur with a households of 5,07,152 according to 2011 Census if presume to possess a rupee coin per household then a total of 5,07,152 coins would be lying idle instead of circulating in the markets. There will be many more stashed away…
The State of Manipur with a households of 5,07,152 according to 2011 Census if presume to possess a rupee coin per household then a total of 5,07,152 coins would be lying idle instead of circulating in the markets. There will be many more stashed away in piggy banks, drawers, bags, on the table or under the mattress. When this unaware collection of coins continues in our homes, the transaction of the rupee coins in the market shrinks. Then we end up getting some toffee, soap, a chocolate or match box instead for the change of Rs.5 from the shop. Same is true for the case of the Rs.1 and Rs.2 denomination coins.
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