Social Sciences, asked by saxenakrishna872, 11 months ago

why one cannot refuse a payment made in rupees in india​

Answers

Answered by niyati150
2

In India, one cannot refuse a payment made in rupees because, by law, the Reserve Bank of India (RBI) issues currency notes on behalf of the central government. The law legalizes the use of rupee as a medium of payment which cannot be refused in settling transactions in India.

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