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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:
पर्याय
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.
State whether the following statements are TRUE or FALSE with reason.
Cheque is not legal tender money.
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?
Money is something that is ______.
Which of the following are the functions 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:
Which function of money helps avoid the problem of finding someone who wants exactly what you offer in exchange?
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 ______.
Which function of money makes it easy to repay loans in the future?
Which function of money allows a person in one city to send value to a person in another city?
Who is known for classifying the functions of money into primary, secondary, and contingent functions?
