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Money and Its Functions · Question 12 of 57

Question 12

EasyOriginal question

Keeping ₹5,000 at home to spend next month uses money as

Options for question 12

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. Money holds purchasing power over time, so it can be kept and spent later.

Concept
Store of value
Typical time
40 s
Your time
—
The rule this testsFunctions of money
Practise this chapter →

Ten questions from Money and Its Functions, at your own pace.

Practise this chapter →

Ten questions from Money and Its Functions, at your own pace.