British govt to launch new one-pound coin at end of March
Posted on: 03 Jan 2017 09:34:09
03 January 2017 Current Affairs: The British Treasury has decided to introduce a new 12-sided one-pound coin at end of March 2017 and scrap the 30 year old one pound coin by October 2017
A new coin will be produced by the Royal Mint in Wales and a total of 1.5 billion coins will be issued in the first minting.
New One Pound Coin : The new coin will have 12-sided shape, recognizable even by touch and it is made of two metals, the outer ring is gold-coloured (nickel-brass) and the inner ring is silver-coloured (nickel-plated alloy).
If the coin is tilted it shows a latent image like a hologram, which changes from a pound sign to the number one.
It will feature the 5th coinage portrait of Queen Elizabeth II.
FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2017 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail