MCQOPTIONS
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| 1. |
Which among the following is a correct definition of Fiduciary Issue of notes? |
| A. | The issue of currency notes without metallic backing. |
| B. | The issue of currency notes with metallic backing. |
| C. | The issue of currency notes with partial metallic backing. |
| D. | The issue of currency notes with proportional metallic backing. |
| Answer» B. The issue of currency notes with metallic backing. | |