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Money and Types of Money · UPSC CDS/OTA · Question 43 of 90

Money and Types of Money: Which function of money helps in comparing the value of goods?

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

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

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Q · Money and Types of Moneymoderate · 45s

Which function of money helps in comparing the value of goods?

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

Step-by-Step Solution

The complete worked solution.

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Money as a unit of account allows valuation and comparison of goods and services.

Final Answer: Option B - Unit of account
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Which function of money helps in comparing the value of… - Money and Types of Money (General Studies) Solved Question