Question

Two statements are given below. They are Assertion (A) and Reason (R). Read both the statements and choose the correct option.
Assertion (A): No individual in India can legally refuse a payment made in rupees.
Reason (R): In India, the rupee is authorized by the State Governments.

• A. Both (A) and (R) are true and (R) is the correct explanation of (A).
• B. Both (A) and (R) are true, but (R) is not the correct explanation of (A).
• C. (A) is true, but (R) is false.
• D. (A) is false, but (R) is true.

Answer 1

The Correct Option is C

The Indian rupee is a legal tender authorized by the Reserve Bank of India (RBI) under the central government, not the State Governments. No individual in India can refuse a payment made in rupees because it is the lawful currency of the country.