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प्रश्न
How does money perform its role as store of value.
संक्षेप में उत्तर
उत्तर
- Store of value means store of wealth for use in future i.e., shifting of purchasing power from the present to future.
- Money is not perishable and its storage costs are also considerably lower. It is acceptable to anyone at any point of time.
- It, thus, enables the people to save a part of other current income and store it for future use.
- Thus, the money provides the link between the present and the future.
- Store of value function of money is also called as asset function of money.
Money is a matter of functions four.
A medium, a measure, a standard, a store.
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Functions of Money
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अध्याय 7: Meaning and Functions of Money - QUESTIONS [पृष्ठ १८४]
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संबंधित प्रश्न
What is inflation?
The function of money which allows a person to pay for a commodity at a future date is called as ______.
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 : ______.
______ are termed as Legal Tender 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 of these is the primary function of money?
How does money help in the distribution of national income?
Explain the secondary functions of money.
How does money help the consumers and producers?