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प्रश्न
Indian rupee is legal tender.
विकल्प
True
False
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उत्तर
The statement is True.
Explanation:
The Indian rupee is the country's official legal tender, which means it must be accepted as a method of payment for goods and services within the country.
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संबंधित प्रश्न
Currency and ______ are two modern forms of money.
Who regulates money supply in India?
Money whose value as a commodity is equal to its face value is called:
Which of the following agency is responsible for issuing ₹ 1 currency note in India?
Which one of the following is not a modern form of money?
______ are termed as Legal Tender Money.
Read the-following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): Currency and bank money are the two modern forms of money.
Reason (R): Currency is high powered money.
Why is money referred to as legal tender?
Distinguish between fiat money and bank money.
What is fiat money?
