12th Class Economics Money And Banking Question Bank MCQs - Money and Banking

  • question_answer
    Identify the incorrect statement from given below.

    A) Present currency can work as money as it is a legal tender.

    B) Coins held by the public are limited legal tender.

    C) Central bank prints currency in India.

    D) Central bank do not deal with general public.

    Correct Answer: C

    Solution :

    Central Bank in India just issue the currency and not prints it.


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