Multiple choice

The term “Illegal Tender” means

  1. black money

  2. mutilated cheque

  3. dishonoured cheque

  4. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The term 'Illegal Tender' refers to a dishonoured or invalid financial instrument that cannot be legally tendered. Neither black money, mutilated cheque, nor dishonoured cheque individually captures this concept.