MCQOPTIONS
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| 1. |
Which of the following best defines demonetization of currency notes? |
| A. | Devaluing the currency with respect to international currencies |
| B. | Declaring the currency notes as NOT legal tender |
| C. | Replacing the old and soiled currency notes |
| D. | Replacing notes with coins |
| Answer» C. Replacing the old and soiled currency notes | |