DEMONITISATION Flashcards
1
Q
500 AND 1000 NOTES DEMONITISATION
A
2016
2
Q
SECTION 26 (2)
A
RBI ACT 1934
CENTRE POWER TO DEMONITISE
3
Q
SPECIFIED BANK NOTES (CESSATION OF LIABILITY )ACT …….
A
2017
4
Q
DEMONTISATION HAPPEN HOW MANY TIMES
A
1946 AND 1978(BY JANATA PARTY ) - BLACK MONEY
5
Q
IN 2012 WHICH BOARD RECOMMEND DEMONITIZATION
A
CENTRAL BOARD OF DIRECT TAXES
6
Q
DEMONITIZATION IS USED TO
A
STABLIZE VALUE OF CURRENCY
COMBAT INFLATION
7
Q
COINAGE ACT PASSED IN
A
1873 ( DEMONITIZE SILVER AS LEGAL TENDER
8
Q
WHICH GOVT. DEMONITIZE DOLLAR TO CONTROL HYPERINFLATION
A
ZIMBABWE (2015)