Assertion (A): In India, no one can refuse to accept payment made in currency notes
Assertion (A): In India, no one can refuse to accept payment made in currency notes
Reason (R): Currency notes are unlimited legal tender in India.
Alternatives:
(a) Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion (A).
(b) Both Assertion (A) and Reason (R) are True and Reason (R) is not the correct explanation of Assertion (A)
(c) Assertion (A) is True but Reason (R) is False.
(d) Assertion (A) is False but Reason (R) is True.
Anurag Pathak Changed status to publish December 15, 2023
Ans – (a)
Explanation:-
No one can refuse to accept payment made in currency notes as these are the unlimited legal tender in India. the currency can be used to meet any liabilities and obligations.
Anurag Pathak Changed status to publish December 15, 2023
