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Which notes ceased to be legal tender on 8 November 2016?

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Question

Which notes ceased to be legal tender on 8 November 2016?

Options

  • ₹500 and ₹1,000 notes

  • ₹500 and new currency

  • ₹1,000 notes and utility bills

  • ₹500 notes and petrol pumps

MCQ
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Solution

The demonetised currency notes were ₹500 and ₹1,000 notes. These notes ceased to be legal tender on 8 November 2016.

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