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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 ‘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
State whether the following statements are TRUE or FALSE with reason.
Cheque is not legal tender money.
Explain primary, secondary and contingent functions of money.
Fill in the blank with appropriate alternatives given below
Medium of exchange is __________ function of money.
Which of the following are the functions of money?
‘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.
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?
When all goods have their prices written in rupees, money is acting as ______.
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?
Who is known for classifying the functions of money into primary, secondary, and contingent functions?
Store of Value means a store of wealth or what for future use?
Which feature supports money as a Store of Value?
Which function helps transfer value from one person to another and from one place to another?
For Maximisation of Profit / Employment of Factors, money helps producers decide what?
Which group of variables is measured in money terms?
