Why one cannot refuse a payment made in rupees in India ? -SST 10th

1 Answer

Answer :

One cannot refuse a payment made in rupees because it is accepted as a medium of exchange. The currency is authorized by the government of India.

Related questions

Description : Why can one not refuse a payment made in rupees in India ? -SST 10th

Last Answer : In India, one cannot refuse a payment made in rupees because, by law, the Reserve Bank of India (RBI) issues currency notes on behalf of the central government. The law legalizes the use of rupee as a medium of payment which cannot be refused in settling transactions in India.

Description : Full convertibility of a rupeee means - (1) purchase of foreign exchange for rupees freely (2) payment for imports in terms of ruppes (3) repayment of loans in terms of rupees (4) determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

Last Answer : (4) determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply Explanation: The full convertibility of the Indian currency means ... governmental control. Presently, the issue of capital account convertibility is in the discussion stage.

Description : Full convertibility of a rupeee means (1) purchase of foreign exchange for rupees freely (2) payment for imports in terms of ruppes (3) repayment of loans in terms of rupees (4) determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

Last Answer : determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

Description : Is it legal for a business to refuse payment in cash?

Last Answer : Yes it is because cash transactions cannot be traced as easily. Medicinal dispensaries don’t allow cash sales because some guy on the street looking to get high could rob someone and take that cash right into the shop.

Description : A sees an article marked Price Rupees Twenty in B's shop .He offers B 20 for the article. B refuses to sell saying the article is not for sale. Advice A. (a) A cannot force B to sell the article at ` 20 ( ... B to sell the article at ` 20 (c) A can claim damages (d) A can sue B in the Court.

Last Answer : (a) A cannot force B to sell the article at ` 20

Description : You are travelling in far-off places of India through advanced Railway's reservation. When a lady enters with a request to give her a seat, what will be your reaction? Options: A) You refuse ... her to sit for same time D) You will leave your seat and make alternative arrangement for yourself

Last Answer : C) You will ask her to sit for same time 

Description : When a MO paid to a wrong person and the claimant urges for payment before recovery of the amount from the wrong perosn a) It cannot be done b) Claim can be admitted on getting on indemnity bond ... from the head of the division d) Payment can be made on proper sanction form the head of the circle

Last Answer : c) Payment can be made on proper sanction from the head of the division

Description : Where a trader or a person against whom a complaint is made or complainant fails  or omits to comply with order made by commission a) Shall be punishable with fine shall not be less than two ... be less than two thousand rupees but which  may be extend ten thousand rupees d) Both the B&C

Last Answer : d) Both the B&C

Description : Whoever, being required by this Act to make a declaration in respect of any postal article to be sent by post or the contents or value thereof, makes in his declaration any statement which he knows ... hundred rupees. c) Punishable with fine which may extend to two hundred rupees d) None of these

Last Answer : b) Punishable with fine which may extend to two hundred rupees, and, if the false declaration is made for the purpose of defrauding the Government, with fine which may extend to five hundred rupees.

Description : Whoever, being employed to carry or deliver any postal article made any false entry in the register with intent to induce the belief that he has visited a place, or delivered a postal article, which ... or with both. c) Punishable with fine which may extend to two hundred rupees d) None of these

Last Answer : a) Punishable with imprisonment for a term which may extend to six months, or with fine which may extend to one hundred rupees, or with both.

Description : The following gives the GDP I rupees (Crore) by the three sectors: -SST 10th

Last Answer : In the year 1950 Total GDP (In 1950) = 80,000 +19,000 + 39,000 = 1, 38,000 crore In the year 2011 Total GDP (In 2011) = 8, 18,000 + 12, 49,000 + 28, 18,000 = 4,885,000 ... the GDP of all the three sectors is changing and specially the much more change have been seen in the GDP of tertiary sector.

Description : The IPO presented after the expiry period of currency, but before the time for forfeiture a) Cannot be paid b) Can be paid on authority from the audit c) Can be paid on payment of second commission by means of postage stamps d) None of these

Last Answer : c) Can be paid on payment of second commission by means of postage stamps

Description : An Indian Postal Order presented for payment not bearing the round MO stamp of office of issue a) Cannot be paid b) Can be paid after necessary verification from the office of issue c) Will be returned to office of issue for suplly of omission and paid d) None of these

Last Answer : b) Can be paid after necessary verification from the office of issue

Description : An attested copy of addressee’s receipt of registered article, if applied by sender a) Can be given free of cost b) Cannot be given c) Can be given on payment of registration fee in cash d) Can be given on payment of prescribed fees in the form of defaced postage stamps

Last Answer : d) Can be given on payment of prescribed fees in the form of defaced postage stamps

Description : A VP articles on which intimation has been served an lying in the deposit for seven days can be retained a) For further seven days without any fees b) For further seven days on payment of fees c) For fifteen days on payment of fees d) Cannot be retained return to sender after 7 days Ans:b(231) e)

Last Answer : b) For further seven days on payment of fees

Description : By payment of overtime allowance a) When no leave reserve is available b) When the work cannot be distributed among the staff on duty c) When the work cannot be assigned to an official form another dept, ... cannot be held up d) When the work is such that it cannot be postponed e) All the above

Last Answer : e) All the above

Description : Mark the incorrect option: (A) The special registration envelopes provided by the Post Office cannot be used for the transmission of unregistered article (B) Reuse of a stamp that has already ... have been cut and separated from embossed envelopes or postcards can be used in payment of postage

Last Answer : (D) Postage stamps which have been cut and separated from embossed envelopes or postcards can be used in payment of postage

Description : In Electronic cash payment (i) a customer withdraws “coins” in various denominations signed by the bank (ii)the bank has a database of issued coins (iii) the bank has a database of spent coins (iv) the bank cannot trace a customer a. i, ii b. i, ii, iii c. i, ii, iii, iv d. ii, iii, iv 

Last Answer : b. i, ii, iii 

Description : What made you refuse the job after the interview?

Last Answer : The offer

Description : The male students of your class are annoyed with you' on the pretext you have been easily approached the girl students and do a favor to them (girls). In such an embarrassing situation how would you like ... it is difficult for you refuse the request made by female students. (d) None of the above.

Last Answer : (a) You will tell the male students that girls have no option except to depend on the school teacher for their academic assistance.

Description : The male students in your class are annoyed with you on the pretext you that have a favour to the female students. In such an embarrassing situation how would you like to control them in class? ... students that it is difficult for you refuse the request made by female students D) None of these

Last Answer : B) You will justify that most of the female students are more sincere towards their studies than male students.

Description : Which of the following is a receipt, declaring ownership of shares of a foreign company. which can be listed in India and traded in rupees? A. ADR B. GDR C. IDR D. EDR E. None of the Above

Last Answer : C. IDR Explanation: An IDR(Indian Depository Receipts)is a receipt, declaring ownership of shares of a foreign company. These receipts can be listed in India and traded in rupees.

Description : In March 2019, India extended a financial Grand of ________ Nepalese rupees for the construction of an Educational campus in Nepal under the development of partnership program.

Last Answer : 35.5 million

Description : Which confectionary giant was slapped with a notice demanding 250 crore Rupees by the Directorate General of Central Excise Intelligence on the grounds of excise duty evasion? a) Cadbury India Ltd b) Wrigley India c) Lotte India d) Perk India Ltd

Last Answer : Answer: (a) Cadbury India Ltd

Description : Which compost plant became first in India to receive carbon credits worth 25 lakh rupees from the United Nations Framework Convention on Climate Change? a) Okhla Compost Plant b) ROTOPALA Composting Plant c) Mumbai Compost Plant d) Kanpur Composting Plant

Last Answer : Answer: (a) Okhla Compost Plant

Description : Who is the signatory on the Indian currency notes in denomination of two rupees and above? (1) Secretary, Reserve Bank of India (2) Finance Secretary, Minister of Finance (3) Governor, Reserve Bank of India (4) Finance Minister, Ministry of Finance

Last Answer : (3) Governor, Reserve Bank of India

Description : Why did the rich peasants refuse to participate in the Civil Disobedience Movement, when it was restarted in 1932? -SST 10th

Last Answer : . For them, the fight for Swaraj was a struggle against high revenue. . But they were deeply disappointed when the movement was called off in 1931 without the revenue rates being revised. . So when the movement was restarted in 1932, they refused to participate, as their wishes were not fulfilled.

Description : Who refuse to implement the Interim Government Plan as proposed in the Cabinet Mission Plan? -SST 10th

Last Answer : The Viceroy refused to implement the Interim Government Plan as proposed in the Cabinet Mission Plan.

Description : Average cost of 10 pens is rupees 200 & average cost of 10 pencils is 100 rupees find the average cost of the all pens and pencils​ -Maths 9th

Last Answer : 10 pens of average cost = 200 => 10×200 = 2000 rupees 10 pencils average cost = 100 rupees => 10×100=1000 Pens + Pencils = 20 Total average 2000+1000 = 3000 Rupees 150 is average for average cost of each pen and pencil ✏

Description : In the original “Legend of Zelda” game, why was the maximum amount of Rupees set at 255? -Gaming

Last Answer : In The Legend of Zelda, Link can hold up to 255 Rupees, because the maximum variable is 255 in older computer systems (such used in the Nintendo Entertainment System).

Description : In the linear equation y = 4x + 13, if x is the number of hours a labourer is on work and y are his wages in rupees then draw the graph. Also find the wages when work is done for 6 hours. -Maths 9th

Last Answer : when the work is done for 6 hours x=6 y=4(6)+13 y=24+13 y=37 the labourer gets Rs.37 if he works for 6hrs

Description : An electric heater of 1000 W is used for two hours in a day? What is the cost of using it for a month of 28 days, if one unit costs 3.00 rupees? -Physics 9th

Last Answer : energy consumed by heater of 1000W for 2h in one day=1000/1000×2 =2units number of units=W×h×day/1000 energy consumed by heater in 28 day 2×28=56units cost of 1unit =RS 3 cost of 56unit=3×56=RS 168

Description : How much is 1 dollar in Indian rupees ? -General Knowledge

Last Answer : As of January 2021 1US$ = ₹73.08 For more information visit the sites through the links provided below; https://transferwise.com/in/currency-converter/usd-to-inr-rate?amount=1 https://ex-rate. ... -nearly-65-times-more-for-the-same-quality-product-than-US-Citizens-Whats-the-reason-for-such-Inflation

Description : 500 rupees for Milad Sharif A servant of the mosque brought biscuits with 200 rupees , gave 100 rupees to the imam , put 200 rupees in the basket of the mosque , what will it be in the eyes of Islam

Last Answer : answer:

Description : He told me to go home with five rupees. What will be the compound sentence ?

Last Answer : He told me to go home with five rupees. The compound sentence was: He gave me five rupees and told me to go home.

Description : How do I work at Earningspoint ? Earningpoint Bangladeshi PTC site. It has been paying for a long time. About 36000 people are working here . I can earn 25-30 rupees daily. But I do not know how to earn more money if I work.

Last Answer : Sorry this is not possible. Because if you continue to work here, at one time the credit decreases at an unusual rate. So you can't earn more. But there are two more sites like Earnings Point like http ... 10685 can work on sites. As a result, you can earn money by working together on all the sites.

Description : Which is the best Android phone out of four thousand rupees ?

Last Answer : Symphony v105, v102, e95, v97

Description : What is the value of the book ? The price of a pen and a book together is 95 rupees. How much is the book ?

Last Answer : Hold on, the pen is worth Rs. So the price of the book is (95-a) rupees. Conditionally , A + 15 + (95-A) - 14 = 2 (95-A) or , A + 15 + 95 - A - 14 = 190 - 2 A or , 96 - 190 + 2 A ... is 48 rupees. Therefore the price of the book = 95 - A = 95 - 46 [putting the value of A] = 46 rupees. 48 rupees.

Description : Name the phone with good fingerprint in 15 thousand rupees ( including Ram and Rom ) ?

Last Answer : Realm 3 Pro is a very good mobile. Good for gaming.

Description : What is the price of five kg if it is ninety eight rupees per kg ?

Last Answer : If the price is ninety eight ( 98) kg then the price of five kg will be ( 98 × 5) = 490 rupees. And if it is said , flour is ninety rupees per kg , then the price of five kg will be , (90 × 5) = 450 rupees.

Description : How many kilocalories are there in 20 rupees peanuts ? Calculate the amount of nuts with difficulty ?

Last Answer : About 100 grams of nuts are usually available for 20 rupees. 100 grams of nuts contain 560 kcal of food energy. References - Wikipedia

Description : Will the new phone arrive in June ? At present, all the phones in the market of Bangladesh are being sold at 11 thousand to 12500 rupees.

Last Answer : Many such phones are coming , so it is not possible to give all the names. I gave you a link to see https://phoneaqua.com/latest-2020-mobile-phone-bangladesh

Description : 9 thousand rupees symphony and wallton phone ? symphony abong wollton phone is giving 3 GB RAM and 32 GB ROM for only 9 thousand taka.

Last Answer : Brother, there are actually some categories of phones. On the basis of which numbering is done , such as A, B and C categories. IPhone , Samsung , Blackberry, these are A category phones , Walton , ... little inferior. So even if everything is the same, the price varies a bit. I hope I understand.

Description : Official and unofficial phones ? The official price of a phone is 11 thousand rupees. Again, the unofficial price of that phone is less than 9500 rupees. And unofficial phone is also available to buy in the mobile markets.

Last Answer : : In fact, the phones that are brought from other countries with the approval of the government are called official phones. However, these phones have to be taxed. The price is too high. And the ... very little is available in the unofficial phone market. So it is better to buy the official phone.

Description : Select a good brand of phone. ? Name a good brand phone priced from 11 thousand to 11500 rupees. Complete new version Ram 2GB Rom 32GB should have a good quality processor. Battery backup will be good.

Last Answer : You can buy Samsung j4 mobile.

Description : 100 rupees should be divided between two people , should be divided in such a way that 10 rupees is more for any one ?

Last Answer : If one takes 45 rupees and one takes 55 rupees, one will get 10 rupees more than the other.

Description : Which phone would be best to buy for 12 thousand rupees ?

Last Answer : You can buy Samsung Galaxy J2 or Samsung J4 for 12 thousand rupees .