send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Sorry for the inconvenience but we’re performing some maintenance at the moment. Website can be slow during this phase..
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Type your modal answer and submitt for approval
The functions of money include:
Value determination
Store of value
Means of exchange
All of these
- Option 1: Value determination
- Money provides a common measure for comparing the value of goods and services.
- It helps in setting prices and determining the worth.
- Option 2: Store of value
- Money preserves value over time, allowing people to save and retrieve this value in the future.
- It maintains purchasing power if inflation is stable.
- Option 3: Means of exchange
- Money facilitates transactions as an intermediary in the exchange of goods and services.
- It eliminates the need for barter by providing a universal medium.
- Option 4: All of these
- Money functions as a means of value determination, a store of value, and a means of exchange.
- It encompasses all these functions in a modern economy.
Answer: Option 4 - All of these
By: santosh ProfileResourcesReport error
Access to prime resources
New Courses