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प्रश्न
Define or explain following concept:
Limited legal tender
टिप्पणी लिखिए
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उत्तर
Limited legal tender money: Legal tender money is that money which is backed by law and issued by the monetary authority. It cannot be refused by anybody. Limited legal tender money is that money which is accepted as legal tender but only up to a certain limited amount. In India, a maximum of 1000 coins be used for payments legally.
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