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Question

____________ is subsidiary money.

A
Cheque
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B
50 paise coin
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C
10 rupee notes
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D
Hundi
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Solution

The correct option is C 50 paise coin

ANS. B

Explanation: A coin has value because it is made of a valuable metal. A coin is called as Subsidiary money because it usually can be offered only up to a limited extent and are therefore, called limited legal tender.


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