English

This refers to the legal definition of money -

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Question

This refers to the legal definition of money -

Options

  • Anything which generally acts as money.

  • Money are those things which are used as a medium of exchange.

  • Anything declared by the government as money is called money.

  • Money consists of those things which have a high degree of portability.

MCQ
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Solution

Anything declared by the government as money is called money.

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Chapter 6: Meaning and Functions of Money - Exercise [Page 156]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 6 Meaning and Functions of Money
Exercise | Q 37. | Page 156
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