Statement 1: Cryptocurrency is that form of legal tender money, which can be paid in discharge of a debt of any amount
Statement 1: Cryptocurrency is that form of legal tender money, which can be paid in discharge of a debt of any amount.
Statement 2: Cryptocurrency is any form of currency that exists digitally.
Alternatives:
(a) Both the statements are true
(b) Both the Statements are false
(c) Statement 1 is true and Statement 2 is false
(d) Statement 2 is true and Statement 1 is false
Anurag Pathak Changed status to publish December 15, 2023
Ans – (d)
Explanation:-
Statement 1 is false
Cryptocurrency is not a legal tender money. It is not approved by the Indian government yet as a legal tender.
Statement 2 is true.
Cryptocurrency is a type of digital currency. It is not available physically.
Anurag Pathak Changed status to publish December 15, 2023
