10 cents can take you to jail! RBI warns against all types of coins available in the market

 10 cents can take you to jail!  RBI warns against all types of coins available in the market

Action could be taken if some shopkeepers and motorists refuse to accept retail money for non-performing money.  No shopkeeper or driver can refuse to accept any coin as immovable.  Immediate action will be taken against the individuals involved if anyone tries to harass you by saying non-stop money.  This is not what we are saying, but the guidelines issued by the Reserve Bank of India.

 Both shopkeepers and customers refuse to accept retail in the market.  "Everywhere you look today, the tide of protectionist sentiment is flowing.  Similarly, retailers are more likely to be affected by Cain.  Authorities opposed the protest with all available police forces, special services and the army. "  The bank says it's a rumor.  Don't believe it, everyone agrees.  Otherwise, legal action may be required.  You know, the one thing that you can do to the police is, if someone refuses to accept a coin, you could end up in jail for seven years.

Therefore, in view of the plight of the people, the RBI has repeatedly clarified the issue of retail and coin money, saying that no coin available in the market is illegal.  However, according to the Reserve Bank guidelines, all coins issued are subject to the rules of the Reserve Bank.  For this reason, all the coins in the market are valid.  If a person or bank refuses to accept the coin, they should report it to the police, as it is a crime to do so.  In the last few months, there has been a lot of talk about small coins, 2 coins, 5 coins and 10 coins.  So while this is a rumor, people need to be aware of it.

 On the other hand, after the introduction of the new Consumer Protection Act-2019 in the country, consumers can be at the doorstep of the Consumer Forum by giving them anything else they want instead of the retail price.  Strict action will be taken against the individual within the month of the customer's complaint.  You can even report such problems and complaints by calling the toll free numbers of the central government-run websites https://jagograhakjago.gov.in/ and https://consumerhelpline.gov.in at toll-free numbers 1800-11-4000 and 14404.  You can also complain about your problem via SMS on mobile number 8130009809.