Social Sciences, asked by disha7896, 4 months ago

two difference between Limited and unlimited legal tender money

Answers

Answered by lakhwinderduggal786

Explanation:

For instance in India, coins are limited legal tender because coins of 5, 10, 20 and 25 paise can be accepted up to maximum sum of र 1000 as per Coinage bill passed on 11th Aug. ... For example in India, paper notes are unlimited legal tender because all currency notes can be used to settle payments of unlimited value.

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