मराठी

Which function of money makes it easy to repay loans in the future?

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प्रश्न

Which function of money makes it easy to repay loans in the future?

पर्याय

  • Medium of exchange

  • Store of value

  • Standard of deferred payments

  • Measurement of national income

MCQ
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उत्तर

Standard of deferred payments

Explanation: 

When future payments like loans or rents are fixed in money terms, money acts as a standard of deferred payments.

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