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प्रश्न
“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:
विकल्प
Medium of exchange
Store of Value
Unit of account
Means of standard of deferred payments
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उत्तर
Unit of account
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संबंधित प्रश्न
Explain the 'medium of exchange' function of money. How has it solved the related problem created by barter?
Write answer in 'one' or 'two' paragraph .
Explain the primary functions of money.
Money is a medium of ______.
Money is something that is ______.
Medium of exchange and measure of value is ______.
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 |
‘Money is an asset which can be stored for use in future.
In the light of given statement, identify the function of money.
“Money helps to express the monetary value of goods and services in the market”.
On the basis of the given statement, Identify the function performed by money.
"Does a shirt priced at Rs. 300 exemplify the store of value function of money? Select the appropriate option:
What does money provide when individuals compare prices to determine the worth of goods?
Paying rent each month is an example of which primary function of money?
Which function of money is used when a person sells vegetables for cash and then buys clothes?
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?
Why is money called the most liquid asset?
The total income of a country expressed in money terms represents which function of money?
