Advertisements
Advertisements
प्रश्न
‘Money is an asset which can be stored for use in future.
In the light of given statement, identify the function of money.
पर्याय
A measure of value
A standard of deferred payment
A store of value
A medium of Exchange
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
Explain the significance of 'medium of exchange' function of money
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?
Fill in the blank with appropriate alternatives given below
Medium of exchange is __________ function of money.
Money is something that is ______.
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 |
“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 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?
Why is money called the most liquid asset?
Which function of money is used when a person sells vegetables for cash and then buys clothes?
Saving pocket money in a piggy bank mainly shows which function of money?
Why is money called the most liquid asset?
Banks use public deposits of money to create loans. Here money is mainly acting as ______.
