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प्रश्न
‘Money is an asset which can be stored for use in future.
In the light of given statement, identify the function of money.
विकल्प
A measure of value
A standard of deferred payment
A store of value
A medium of Exchange
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उत्तर
A store of value
Explanation:
Money can be saved in the form of a savings account, a fixed deposit, gold, shares, bonds, property, and so on for future use, with the value increasing with time. It enables people to postpone eating up to a later date.
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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 'medium of exchange' function of money. How has it solved the related problem created by barter?
What is a barter system? What are its drawbacks?
What are the main functions of money? How does money overcome the shortcomings of a barter system?
Explain primary, secondary and contingent functions of money.
______ is the primary function of money.
Money is a medium of ______.
Money is something that is ______.
From the following data, calculate "Net Value Added at Factor Cost".
| S.no. | Content | (Rs. in Lakhs) |
| (i) | Sales | 400 |
| (ii) | Change in Stock | (−) 20 |
| (iii) | Intermediate consumption | 200 |
| (iv) | Net indirect taxes | 40 |
| (v) | Exports | 50 |
| (vi) | Depreciation | 70 |
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?
Why is money called the most liquid asset?
Which major problem of the barter system is solved directly by using money?
When all goods have their prices written in rupees, money is acting as ______.
Saving pocket money in a piggy bank mainly shows which function of money?
Which function of money allows a person in one city to send value to a person in another city?
The total income of a country expressed in money terms represents which function of money?
