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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.
पर्याय
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 primary, secondary and contingent functions of money.
Fill in the blank with appropriate alternatives given below
Medium of exchange is __________ function of money.
______ is the primary function 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?
Paying rent each month is an example of which primary function of money?
When all goods have their prices written in rupees, money is acting as ______.
Which function of money makes it easy to repay loans in the future?
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?
Banks use public deposits of money to create loans. Here money is mainly acting as ______.
Who is known for classifying the functions of money into primary, secondary, and contingent functions?
Which function helps transfer value from one person to another and from one place to another?
In modern economies, what plays a key role?
Which pair consists of the Primary functions of money?
Which set consists of the Secondary functions of money?
