In India, paper notes are:
In India, paper notes are:
(a) Limited Legal Tender
(b) Unlimited Legal Tender
(c) Both (a) and (b)
(d) None of these
Anurag Pathak Changed status to publish December 15, 2023
Ans – (b)
Explanation:-
In India, paper notes are unlimited Legal Tender
Unlimited Legal Tender:
It refers to that form of legal tender money, which can be paid in the discharge of a debt of any amount.
Legal action can be taken against a person who refuses to accept this money.
In India, paper notes are unlimited legal tender.
Anurag Pathak Changed status to publish December 15, 2023
