Economy
2018
Banking in India
Basic Economic Terms
Which one of the following statements correctly describes the meaning of legal tender money?
C.The bank money in the form of cheques, drafts, bills of exchange, etc.
A.The money which is tendered in courts of law to defray the fee of legal cases
D.The metallic money in circulation in a country
B.The money which a creditor is under compulsion to accept in settlement of his claims