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प्रश्न
‘Which function of money is most closely linked to saving?
विकल्प
Medium of exchange
Standard of deferred payment
Store of value
Unit of account
उत्तर
Store of value
Explanation:
Store of value means store of wealth for use in future i.e., shifting of purchasing power from the present to future.
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संबंधित प्रश्न
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?
Money performs both primary and secondary functions.
Identify a specific function of money which is related to future payments. State a reason.
______ 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?
Which money is used to settle debts or make payment in future, it is said to perform the function of:
How does money help in the distribution of national income?
Explain the transfer of value function of money.
How does money perform its role as medium of Exchange.