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प्रश्न
‘Money is an asset which can be stored for use in future.
In the light of given statement, identify the function of money.
विकल्प
A measure of value
A standard of deferred payment
A store of value
A medium of Exchange
उत्तर
A store of value
Explanation:
Money can be saved in the form of a savings account, a fixed deposit, gold, shares, bonds, property, and so on for future use, with the value increasing with time. It enables people to postpone eating up to a later date.
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संबंधित प्रश्न
Explain the ‘unit of accounts’ function of money. How has it solved the related problem created by barter?
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Write answer in 'one' or 'two' paragraph .
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Cheque is not legal tender money.
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Answer in detail -
Explain primary, secondary and contingent functions of money.
______ is the primary function of money.
Money is something that is ______.
Money on wings indicates ______.
Medium of exchange and measure of value is ______.
Which of the following are the functions of money?
Identify the correctly matched pair of items in Column A to that of Column B.
| Column A | Column B | ||
| 1. | supply of money | a | Money in circulation at a point |
| 2. | Stock of Money | b | Supply of money considered over a period |
| 3. | Flow of Money | c | Money held by Public and the Bank today |
| 4. | Reserve Money | d | Supply of money studied at a point of time |
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On the basis of the given statement, identify the function performed by money:
"Does a shirt priced at Rs. 300 exemplify the store of value function of money? Select the appropriate option:
