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Which was a specified payment for which demonetised notes could be used for a limited period?

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Question

Which was a specified payment for which demonetised notes could be used for a limited period?

Options

  • Utility bills

  • Financial savings

  • Real estate prices

  • Income tax collection

MCQ
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Solution

Specified payments included utility bills, petrol pumps, and govt hospitals for a limited period. This was an exception even though the ₹500 and ₹1,000 notes had ceased to be legal tender.

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