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:14 May Shift 1The classification of money in terms of narrow and broad money is due to .....14 May Shift 1Reserve Bank of India (RBI) is also known as by which other name.CUET Economics 2023 Slot 3When in the Economic, Bank rate decrease, Arrange the following statements relating to change in bank rate in the sequencing order : (A) Loans taken by commercial bank become cheaper (B) Increases money supply (C) Bank rate is decreased by RBI (D) Reserves held by commercial banks increases Choose the correct answer from the options given below :