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प्रश्न
What do you understand by the term 'near money'?
टीपा लिहा
उत्तर
Near money means highly liquid assets which can be easily converted to cash at short notice, such as bank deposits and Treasury bills. It does not serve as a medium of exchange in our daily purchases of goods and services.
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Meaning and Functions of Money
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
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संबंधित प्रश्न
Mention one contingent function of money.
Explain the primary functions of money.
Distinguish between limited legal tender and unlimited legal tender.
Discuss any two contingent functions of money.
What are normal goods? Give two examples.
Explain the following function of money:
Medium of exchange
Explain the following function of money:
Store of value
Explain the following function of money:
Maximisation of utility
What is the legal definition of money?
