Solved UPSC CDS/OTA Question
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Q · Money and Types of MoneyMedium · 45s
What are the main functions of money?
TopicMoney and Types of Money
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
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Money performs four key functions – it helps in buying/selling, measuring value, saving wealth, and making future payments.
Final Answer: Option C - Medium of exchange, unit of account, store of value, and standard of deferred payments