Social Science: Money and Credit - Role of Money in an Economy

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Which one of the following refers to investment?

(A) The money spent on religious ceremonies

(B) The money spent on social customs

(C) The money spent to buy assets such as land

(D) The money spent on household goods

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Solution

(C) The money spent to buy assets such as land

Concept: Role of Money in an Economy
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2013-2014 (March) All India Set 2
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