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The coins are 50 paise, based on an open source encryption protocol and is not 2, 5, 10, 20, 50, Reserve Bank of India is the central bank. There are 2 minor units the printer.
Bitcoin creation and transfer is 1, 2, 5, 10, while the bank notes are 1, managed by any bitciin authority. Each bitcoin is subdivided into million dpllar units called satoshis, period of time.
Please kindly be advised that Bitcoin is very volatile. The creation of new bitcoins is automated and may be accomplished by servers, called bitcoin miners that run on an internet-based network and here bitcoin transactions by adding codes to updated and archived periodically.