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प्रश्न
Medium of exchange and measure of value is ______.
विकल्प
Primary functions of money
Secondary functions of money
Tertiary functions of money
Contingent functions of money
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उत्तर
Medium of exchange and measure of value is Primary functions of money.
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संबंधित प्रश्न
Explain the ‘unit of accounts’ function of money. How has it solved the related problem created by barter?
Explain the significance of 'medium of exchange' function of money
Explain primary, secondary and contingent functions of money.
Money is a medium of ______.
Money on wings indicates ______.
Which of the following are the functions of money?
Identify the correctly matched pair of items in Column A to that of Column B.
| Column A | Column B | ||
| 1. | supply of money | a | Money in circulation at a point |
| 2. | Stock of Money | b | Supply of money considered over a period |
| 3. | Flow of Money | c | Money held by Public and the Bank today |
| 4. | Reserve Money | d | Supply of money studied at a point of time |
“The value of all goods and services can be expressed in monetary units.”
On the basis of the given statement, identify the function performed by money:
Which function of money helps avoid the problem of finding someone who wants exactly what you offer in exchange?
What does money provide when individuals compare prices to determine the worth of goods?
Which function of money makes it possible to save now and spend later for future needs?
Which major problem of the barter system is solved directly by using money?
Which function of money is used when a person sells vegetables for cash and then buys clothes?
Which function of money makes it easy to repay loans in the future?
Why is money called the most liquid asset?
Banks use public deposits of money to create loans. Here money is mainly acting as ______.
