One-Rupee Coin Production: Why the Minting Cost Exceeds Its Value
It means sourcing material, design, production, and distribution. However, in several instances, it is surprising to note that minting coins cost more than the face value; hence, their means of production outweigh their value during regular transactions. Take the case of the one-rupee coin in India. This article would clarify why making one-rupee coin is … Read more