मराठी

Is the following statement true or false? Give reasons to support your answer. Cheques are legal tender money. - Economics

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प्रश्न

Is the following statement true or false? Give reasons to support your answer.

Cheques are legal tender money.

पर्याय

  • True

  • False

MCQ
चूक किंवा बरोबर

उत्तर

This statement is false.

Explanation:

No, cheques are not considered legal tender money. It is considered optional money. Optional money is accepted by the people but cannot be legally compelled to accept it. Cheques, drafts, bills of exchange, and other forms of money are optional.

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 6: Meaning and Functions of Money - Exercise [पृष्ठ १३३]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 6 Meaning and Functions of Money
Exercise | Q 7. (b) | पृष्ठ १३३
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