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Business Studies · 2023 · 1 mark
CBSE 2023 · Region 3 · Set 1 · Q7
Government of India demonetised notes of 500 and 1000 on < < November 8, 2016. Demonetisation means:
Government of India demonetised notes of $\displaystyle 500$ and $\displaystyle 1000$ on
< <
November $\displaystyle 8$, 2016. Demonetisation means :
Official answer
(A)
They ceased to be legal tender except for a few specified purposes.
Marking-scheme solution
(a)
They ceased to be legal tender except for a few
specified purposes.
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CBSE Class 12 Business Studies past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.