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‘Which function of money is most closely linked to saving? - Economic Applications

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प्रश्न

‘Which function of money is most closely linked to saving?

पर्याय

  • Medium of exchange 

  • Standard of deferred payment

  • Store of value

  • Unit of account

MCQ
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उत्तर

Store of value

Explanation:

Store of value means store of wealth for use in future i.e., shifting of purchasing power from the present to future. 

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पाठ 7: Meaning and Functions of Money - QUESTIONS [पृष्ठ १८३]

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गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
पाठ 7 Meaning and Functions of Money
QUESTIONS | Q 19. | पृष्ठ १८३
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