Economy, asked by abhimathur059, 7 months ago

Why payments made in rupees cannot be refused in India,
?​

Answers

Answered by tannushishirgmailcom
3

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.

Answered by 2001roars
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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