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प्रश्न
Explain the transfer of value function of money.
संक्षेप में उत्तर
उत्तर
- This function of money has been derived from the general acceptability of money as a medium of exchange.
- Value can be transferred from one place to another also and from one person to another.
- When we pay the price of any commodity to its seller, we transfer the value to the seller.
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Functions of Money
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
संबंधित प्रश्न
What are the functions of Money? and explain it.
What is Deflation?
Explain how money acts as a measure of value.
Which of the following is a contingent function of money?
Observe the relationship of the first pair of words and complete the second pair.
The primary function of money : Medium of exchange. The secondary function of money : ______.
Match the following and select the correct option:
| Column A | Column B | ||
| (i) | Currency Notes | A. | General acceptability |
| (ii) | Demand deposits | B. | Lack of double coincidence of wants |
| (iii) | Feature of money | C. | Legal tender |
| (iv) | Problem of barter exchange | D. | Bank money |
‘Which function of money is most closely linked to saving?
Explain the contingent functions of money.
Explain the secondary functions of money.
Distinguish between limited legal tender and unlimited legal tender.
