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.


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