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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
Fill in the blank with appropriate alternatives given below
Medium of exchange is __________ function of money.
______ is the primary function of money.
Money is a medium of ______.
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 |
"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?
Which function of money makes it possible to save now and spend later for future needs?
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?
Banks use public deposits of money to create loans. Here money is mainly acting as ______.
Which function of money is also called Unit of Account?
What are deferred payments?
Which function helps transfer value from one person to another and from one place to another?
Money helps consumers maximise satisfaction by relating marginal utilities to what expressed in money?
For Maximisation of Profit / Employment of Factors, money helps producers decide what?
Which pair consists of the Primary functions of money?
