₹75 New Parliament Commemorative Coin: Features, Design and Important Facts
Learn why the coin was issued, its official dimensions, weight, silver alloy, two-sided design, legal basis and examination-relevant facts.
Quick Facts
What Is a Commemorative Coin?
A commemorative coin is issued to remember an important event, anniversary, institution, personality or national achievement. The special design normally relates to the occasion. This ₹75 coin records the inauguration of the New Parliament Building and was produced mainly as a collector issue rather than an ordinary everyday-circulation design.
Legal Authority
The rules were issued by the Ministry of Finance, Department of Economic Affairs, under Section 24(2) of the Coinage Act, 2011. The official notification is G.S.R. 389(E), dated May 25, 2023.
Notification: G.S.R. 389(E)
Issuing authority: Central Government
Dimensions and Weight
| Feature | Official Specification |
|---|---|
| Shape | Circular |
| Diameter | 44 millimetres |
| Edge | 200 serrations |
| Standard weight | 35 grams |
| Permitted range | 34.65 to 35.35 grams |
Metal Composition
The coin uses a quaternary alloy, meaning that it combines four metals.
The rules permit a small manufacturing tolerance in silver content and standard weight.
Obverse and Reverse Design
Obverse
- Lion Capital of the Ashoka Pillar
- “सत्यमेव जयते” below it
- “भारत” on the left
- “INDIA” on the right
- Rupee symbol and value “75” below the emblem
Reverse
- Image of Parliament Complex
- “संसद संकुल” on the upper periphery
- “PARLIAMENT COMPLEX” on the lower periphery
- Year “2023” below the building image
Is It Used for Daily Transactions?
Government-issued rupee coins are governed by the Coinage Act and RBI legal-tender rules. However, this high-value silver commemorative coin was produced as a collector item and was not intended to replace ordinary circulation coins such as ₹1, ₹2, ₹5, ₹10 or ₹20.
Who Designs and Mints Coins?
Connection with Parliament
The new Parliament House is located in the Central Vista area of New Delhi. The coin acts as a numismatic record of its inauguration. Numismatics means the study or collection of coins, currency and related objects.
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Important Static GK
| Topic | Correct Fact | Exam Keyword |
|---|---|---|
| Denomination | ₹75 | Commemorative coin |
| Occasion | Inauguration of New Parliament Building | New Delhi |
| Released by | Prime Minister Narendra Modi | May 28, 2023 |
| Notification | G.S.R. 389(E) | May 25, 2023 |
| Law | Coinage Act, 2011 | Section 24(2) |
| Shape | Circular | 44 mm diameter |
| Edge | 200 serrations | Grooved edge |
| Weight | 35 grams | Permitted range 34.65–35.35 g |
| Composition | 50% silver, 40% copper, 5% nickel, 5% zinc | Quaternary alloy |
| Obverse | Lion Capital, Satyameva Jayate, Bharat, India and ₹75 | National Emblem side |
| Reverse | Parliament Complex, संसद संकुल, PARLIAMENT COMPLEX and 2023 | Commemorative side |
Important Clarifications
| Question | Correct Explanation |
|---|---|
| Does it say “75 Years of Independence”? | No. The reverse says Parliament Complex in Hindi and English. |
| Is it made entirely of silver? | No. It contains 50% silver and three other metals. |
| Does it weigh 75 grams? | No. ₹75 is the denomination; the standard weight is 35 grams. |
| Is it a normal circulation coin? | No. It is primarily a high-value commemorative collector issue. |
| Does every ₹75 coin have the Parliament design? | No. India has issued ₹75 coins for more than one commemorative occasion. |
44 = Diameter in mm
200 = Serrations
35 = Weight in grams
50 = Silver percentage
10 MCQs
It commemorates the inauguration of the New Parliament Building.
Prime Minister Narendra Modi released it on May 28, 2023.
The official outside diameter is 44 millimetres.
The standard weight is 35 grams.
The Gazette prescribes 200 serrations.
The alloy contains 50% silver.
The reverse bears the Parliament Complex image.
The lower periphery reads PARLIAMENT COMPLEX.
The rules were made under Section 24(2) of the Coinage Act, 2011.
It is a quaternary alloy of silver, copper, nickel and zinc.
Frequently Asked Questions
When was the coin released?
It was released on May 28, 2023 during the inauguration of the New Parliament Building.
Is it pure silver?
No. It contains 50% silver, 40% copper, 5% nickel and 5% zinc.
What is written on the reverse?
It carries the Parliament Complex image, “संसद संकुल,” “PARLIAMENT COMPLEX” and 2023.
Can it be used like a normal coin?
It is an official commemorative denomination, but it was produced mainly as a collector issue rather than for daily circulation.
Where can collectors buy it?
Collectors should check the official India Government Mint website for availability.
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Official Sources and References
- Gazette of India – ₹75 New Parliament Coin Rules
- India Code – Coinage Act and Rules
- RBI – Currency and Legal Tender FAQs
- India Government Mint – Commemorative Coins
- Prime Minister’s Office – New Parliament House
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