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Which section allows a note series to cease to be legal tender?
ASection 26A
BSection 26D
CSection 26B
DSection 26C
Answer & Solution
Correct answer: A. Section 26A
1. Section 26 makes every bank note legal tender.
2. The very next provision creates the exception.
3. It is section 26A.
_Source: The Reserve Bank of India Act, 1934 (India Code)_
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