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प्रश्न
Which of these is the primary function of money?
पर्याय
Store of value
Standard of deferred payment
Measure of value
Transfer of value
उत्तर
Measure of value
Explanation:
The second fundamental function of primary function of money is that it acts as a standard measure of value. Measure of value refers to the monetary expression of the market value of goods and services.
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संबंधित प्रश्न
What are the functions of Money? and explain it.
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Explain how money acts as a measure of value.
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Observe the relationship of the first pair of words and complete the second pair.
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______ are termed as Legal Tender Money.
How does money help in the distribution of national income?
Explain the contingent functions of money.
Describe how money has removed the defects of the barter system.
Distinguish between limited legal tender and unlimited legal tender.
