Advertisements
Advertisements
प्रश्न
Why one cannot refuse a payment made in rupees in India?
उत्तर
No one can refuse a payment made in rupees in India as law legalises the use of rupee as a medium of payment.
APPEARS IN
संबंधित प्रश्न
How does money act as a medium of exchange?
Why is modern currency accepted as a medium of exchange without any use of its own? Find out the reason.
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.
In situations with high risks, credit might create further problems for the borrower. Explain.
Analyse the role of credit for development.
How does the use of money make it easier to exchange things? Give an example.