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MCQ 1. Which currency notes were …

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MCQ 1. Which currency notes were made out of circulation under demonetization announced by the government of india in 2016? (A) rs 100 and rs 500 (B) rs 500 and rs 50 (C) rs 1000 and rs 500 (D) rs 10 and rs 100

Posted by Manav Sharma 4 years, 4 months ago

CBSE > Class 12 > Business Studies

2 answers

Aaiman Farhin 4 years, 4 months ago

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Gaurav Seth 4 years, 4 months ago

Answer is C

On 8 November 2016, the Government of India announced the demonetisation of all ₹500 and ₹1,000 banknotes of the Mahatma Gandhi Series. It also announced the issuance of new ₹500 and ₹2,000 banknotes in exchange for the demonetised banknotes.

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