Multiple Choice Questions on Cash can generally be understood in terms of its quot nature origins quot or in terms of its quot fu........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

Cash can generally be understood in terms of its quot nature origins quot or in terms of its quot fu...........

Economic Affairs Introduction
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    Cash can generally be understood in terms of its "nature/origins" or in terms of its "function". Which of the following is/are the manifestation of the concept of cash in terms of its function?

    As a store of value

    Incorrect Answer

    As a medium of exchange

    Incorrect Answer

    as being obtained from illicit activities

    Incorrect Answer

    Both 1 and 2

    Correct Answer
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    Explanation:

    Both 1 and 2 options are correct.

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