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प्रश्न
Why one cannot refuse a payment made in rupees in India?
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उत्तर
No one can refuse a payment made in rupees in India as law legalises the use of rupee as a medium of payment.
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संबंधित प्रश्न
Which one of the following refers to investment?
(A) The money spent on religious ceremonies
(B) The money spent on social customs
(C) The money spent to buy assets such as land
(D) The money spent on household goods
How do the deposits with banks become their source of income?
Describe the vital and positive role of credit with examples.
What is the meaning of 'barter system'?
How does money solve the problem of double coincidence of wants? Explain with an example.
How is money used in everyday life? Explain with examples.
Explain with examples how people are involved with the banks.
In situations with high risks, credit might create further problems for the borrower. Explain.
How does money solve the problem of double coincidence of wants? Explain with an example of your own.
How does the use of money make it easier to exchange things? Give an example.
