Banknotes and coins are two types of legal tender money in India. Every banknote issued by Reserve Bank of India (₹2, ₹5, ₹10, ₹20, ₹50, ₹100, ₹200, ₹500 and ₹2000), unless withdrawn from circulation, shall be legal tender at any place in India. As per Section 6 of The Coinage Act, 2011, the Government of India issued coins is a legal tender in India.You can read about the RBI – Know More About Reserve Bank of India in the given link.
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