20-05-2023 MCQs Test English

1. Consider the following statements with respect to Legal tender.

1. Legal tender is the legally recognized money within a given political jurisdiction.
2. Legal tender laws effectively prevent the use of anything other than the existing legal tender as money in the economy.
3. Creditors are lawfully responsible for accepting legal tender for the repayment of debt that they have availed.

Choose the incorrect statement.

2. Consider the following statements.

1. Before 1934, the government of India had the responsibility of printing money.
2. While the Reserve Bank of India prints currency, the government of India directly handles the minting of coins.

Choose the correct option.

3. Which of the following was the first to join India after Independence?

4. Sikkim joined Union of India through which of the following instruments?

5. Consider the following statements

1. India is teledensity of about 50 %
2. There is no limit on number of SIMs an individual can by using his identity

Select the correct