CUET Economics 2025 16 May Shift 1Macro > MediumOld 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: 3Related questions:22 May Shift 1Economic exchanges without the mediation of money are referred to as ...........CUET Economics 2023 Slot 2As a bankers' bank, what is the role played by RBI? A. Custodian of cash reserves B. Maintain Foreign Exchange Reserves C. Currency Issue D. Lender of last resort E. Clearing house Choose the correct answer from the options given below:26 May Shift 2The RBI can influence money supply by changing the rate at which it gives long term loans to the commercial banks. This rate is called?