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Two statements are… (Class 10 Social Science 2024, Q17)

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Social ScienceCBSE Class 10 · Board exam 2024, set 32/4/1 · 1 mark · Assertion-reason

CBSE Class 10 Social Science 2024: question 17

Set in the CBSE Class 10 board exam of 2024, paper 32/4/1, section A, question 17, for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q17 · 1 mark · Assertion-reasonCompetency-basedMoney and Credit

Two statements are given below. They are Assertion (A) and Reason (R). Read both the statements and choose the correct option.

Assertion (A): No individual in India can legally refuse a payment made in rupees.

Reason (R): In India the rupee is authorized by the State Governments.

  1. (A)Both (A) and (R) are true and (R) is the correct explanation of (A).
  2. (B)Both (A) and (R) are true, but (R) is not the correct explanation of (A).
  3. (C)(A) is true, but (R) is false.
  4. (D)(A) is false, but (R) is true.

Source: official question paper from cbse.gov.in (PDF). See it in the full 2024 board paper, set 32/4/1.

Hints

Open one hint at a time and try again before the next.

Hint 1

Which institution issues currency?

Hint 2

Check who authorises the rupee.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. The rupee is legal tender, so no one in India can legally refuse payment in rupees: (A) is true.

  2. The rupee is authorised by the Reserve Bank of India (the central government), not the State Governments, so (R) is false. Option (C).

    1 mark

Answer: Option (C)

Where the marks are

  • A true, R false (1 mark)

Revise the chapter

  • Chapter: Money and Credit (notes, formulas, where marks are lost and every past question)
Practise this chapterBoard-style questions from Money and Credit, one at a time, marked against the answer key and marking points.Back to the full paper2024 board paper, set 32/4/1: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.