What is legal tender money in India?

Every banknote issued by the Reserve Bank of India (RBI) shall be a legal tender in India, provided those notes are not removed from circulation.You can read about the RBI – Know More About Reserve Bank of India in the given link.

Further readings:

  1. Bad Banks – Idea Proposed Due to COVID-19
  2. Cashless Economy in India – UPSC GS-III Notes

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