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Money and Types of Money · UPSC CDS/OTA · Question 16 of 90

Money and Types of Money: Q₁₆. Which of the following is the primary function of money?

Step-by-step solution. Money and Types of Money for UPSC CDS/OTA.

Topic
Money and Types of Money
Subject
General Studies
Difficulty
Easy
Solve Time
45-60 sec

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Q · Money and Types of MoneyEasy · 45s

Q₁₆. Which of the following is the primary function of money?

TopicMoney and Types of Money
Question Typemultiple choice
DifficultyEasy
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

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The Medium of exchange is its most fundamental role.

Final Answer: Option B - Medium of exchange
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Q₁₆. Which of the following is the primary function of… - Money and Types of Money (General Studies) Solved Question