Question

____________ under the Banking Regulation Act, 1949 includes gold in the form of coin, whether legal tender or not, or in the form of bullion or ingot, whether refined or not

A Gold Correct Answer Incorrect Answer
B Coins Correct Answer Incorrect Answer
C Securities Correct Answer Incorrect Answer
D Gold Bond Correct Answer Incorrect Answer

Solution

Section 5(g) Gold includes gold in the form of coin, whether legal tender or not, or in the form of bullion or ingot, whether refined or not.

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