alleryA note already bearing a PAID stamp, presented again, must be:
ARejected
BReissued
CRefunded
DReplaced
Answer & Solution
Correct answer: A. Rejected
1. The stamp shows the value was already paid.
2. The tenderer is told so.
3. The note is rejected.
_Source: RBI Master Direction, Facility for Exchange of Notes and Coins_
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