Of all methods of payment, the recognized legal tender is:-

Related MCQs

• In economics, Gold Standard is the monetary system where in all form of legal tender may be converted on demand, into fixed quantities of gold. In 1816, the first country to go on the gold standard was:
• Legal Tender Money is -
• "Legal Tender Money" refers to :
• The type of currency issued by government as legal tender the value of which is based solely on decree or law rather than actual coin or precious metal reserves is termed as:
• Bimetallism is the monetary policy based on the use of two metals, as legal tender without limit and equalized by law in a fixed ratio. Which are these two metals?
• The legal instrument that pledges a house or other real estate as security for repayment of a loan is called:
• A legal document between a lender and a borrower whereby the later agrees to certain conditions for the repayment of the sum of money borrowed; is called:
• Rent is a factor payment paid to -
• Payment of water charges by the farmers to the government represents -
• Subsidies are payment by government to –