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प्रश्न
‘Which function of money is most closely linked to saving?
पर्याय
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
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 : ______.
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 act as a measure of value?
Explain the transfer of value function of money.
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.
How does money help the consumers and producers?
