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Curriculum-aligned learning paths for students in Classes 6-12.

CBSE
Class 10
Social Science
Understanding Economic Development
MONEY AND CREDIT
Question Bank

What is the significance of a ...

Single Answer MCQ
Q-00045388

What is the significance of a legal tender like the Indian rupee?

1

It has value only in rural areas

2

It can be refused by any seller

3

It is mandatory to accept it for transactions

4

It cannot be exchanged

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