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Question : The currency note in India is a:
Option 1: Promissory note
Option 2: Cheque
Option 3: Demand draft
Option 4: Bill of exchange
Correct Answer: Promissory note
Solution : The correct answer is The currency note in India is (a) Promissory note.
A currency note is a form of legal tender issued by the central bank of a country, in this case, the Reserve Bank of India (RBI). It is a promissory note
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