MCQOPTIONS
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| 1. |
The Union Cabinet approved the ordinance on demonetisation. Which fact is true in this regard? |
| A. | By this ordinance the liability of the government and the Reserve Bank of India towards the old notes of Rs 500 and Rs 1000 will be abolished. |
| B. | Key facts of the ordinance: Punishment will be possible if a person is found holding more than 10 notes of 500, 1000 rupees. |
| C. | This penalty will apply to notes found after March 31, 2017. |
| D. | All of the above |
| Answer» E. | |