हिंदी

Which of the following statements is false? -

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प्रश्न

Which of the following statements is false?

विकल्प

  • Demand deposits are not legal tender

  • Currency notes issued are not legal tender

  • Term deposits are not legal tender

  • Wheat is not legal tender

MCQ

उत्तर

Currency notes issued are not legal tender

Explanation:

A legal tender is a form of money that a court of law must recognise as sufficient payment of any financial debt. Coins and notes are the Reserve Bank of India's official legal money in India.

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