CUET Economics - Which of the following is incorrect about the relaxations given by the government to reduce cash crunch immediately after demonetization? | PYQs + Solutions

CUET Economics 2025 16 May Shift 1

Macro

Medium

Old currency notes were acceptable as legal tender at petrol pumps.

Old currency notes were acceptable as legal tender at government hospitals.

Exchange of Rs 10000 old currency by the new currency per person and per day.

Old currency notes were acceptable as legal tender for payment of government dues, like taxes, power bills, etc.

✅ Correct Option: 3

Related questions:

16 May Shift 1

Currency of which denomination were newly launched during demonetization?

26 May Shift 2

Which of the following is/are a qualitative tool of credit control adopted by the central bank of a country?

(A) Repurchase agreement.

(B) Moral suasion.

(D) Margin requirements.

Choose the correct answer from the options given below:

31 May Shift 1

Arrange the following in chronological order.

(A) Barter System

(B) Currency notes

(D) Online transfer of money.

Choose the correct answer from the options given below:

CUET Economics 2025 16 May Shift 1 PYQs