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प्रश्न
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 : ______.
पर्याय
Measure of value
Distribution of national income
Maximisation of utility
Store of value
उत्तर
The primary function of money : Medium of exchange. The secondary function of money : Store of value.
Explanation:
The secondary function of money is to act as a store of value, meaning that money can be saved and used for future transactions without losing its value over time.
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संबंधित प्रश्न
What are the functions of Money? and explain it.
Explain how money acts as a measure of value.
The function of money which allows a person to pay for a commodity at a future date is called as ______.
Money performs both primary and secondary functions.
Identify a specific function of money which is related to future payments. State a reason.
Which of these is the primary function of money?
How does money act as a measure of value?
How does money help in the distribution of national income?
How does money perform its role as medium of Exchange.
How does money perform its role as store of value.
Distinguish between limited legal tender and unlimited legal tender.
