UPSC Civil Services 2018 Prelims General Studies Paper I

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Question : 27 of 100

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Which one of the following statements correctly describes the meaning of legal tender money?

The money which is tendered in courts of law to defray the fee of legal cases
The money which a creditor is under compulsion to accept in settlement of his claims
The bank money in the form of cheques, drafts, bills of exchange, et(c)
The metallic money in circulation in a country

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