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What is legal tender money.?

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What is legal tender money.?

Posted by Yas S 7 years, 10 months ago

CBSE > Class 12 > Economics

2 answers

Krishna Gupta 7 years, 10 months ago

It is the money that is legally allowed by the government to be used as a medium of exchange and can be used to pay loans and any liabilities

Shruti Rani 7 years, 10 months ago

It is the money which is legally accepted to make payment for all debts and obligations by the government

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