All you wanted to know about legal tender
All you wanted to know about legal tender: The demonitsation drive has had all of us running hither and thither to replace our useless currency notes with new notes that are ‘official’ legal tender. Hopefully, hoarders of suitcase-fuls of black money are left...
All our wealth, the scriptures tell us, are pure maya. Well, paper currency is maya too. Without a government fiat to make it legal tender, it’s is just a piece of paper."