Which of the following is/are true regarding Specified Bank Notes (Cessation of Liabilities) Ordi ce, 2016? 1) As per the ordi ce even holding old 500 and 100 notes is illegal.2) Transacting with banned notes will attract fine 5 times the amount of the face value of the notes.

Which of the following is/are true regarding Specified Bank Notes (Ces

1.	Which of the following is/are true regarding Specified Bank Notes (Cessation of Liabilities) Ordi ce, 2016? 1) As per the ordi ce even holding old 500 and 100 notes is illegal. 2) Transacting with banned notes will attract fine 5 times the amount of the face value of the notes.
A.	Only 1
B.	Only 2
C.	Both 1 and 2
D.	Neither 1 nor 2
Answer» D. Neither 1 nor 2

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Which of the following is/are true regarding Specified Bank Notes (Cessation of Liabilities) Ordi ce, 2016? 1) As per the ordi ce even holding old 500 and 100 notes is illegal.2) Transacting with banned notes will attract fine 5 times the amount of the face value of the notes.

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Which of the following is/are true regarding Specified Bank Notes (Cessation of Liabilities) Ordi ce, 2016?
1) As per the ordi ce even holding old 500 and 100 notes is illegal.
2) Transacting with banned notes will attract fine 5 times the amount of the face value of the notes.