Web7 apr. 2024 · 2. Secondary Functions of Money. The secondary function can be further segregated into three parts as mentioned below –. Store of Value. Being crucial functions of money, it can be stored or conserved. One can store it for future purposes, and it is economical as well as convenient to store money. Standard of Deferred Payments. WebMoney and Banking Class 12 MCQ with Answers. 1. The system, wherein trade can be carried out through the exchange of goods and services is called the: –. 2. Aman, a …
Money and Banking Class 12 MCQ with Answers - Commerce …
WebThere are four definitions of money supply in India which are: M1, M2, M3, and M4. These are arranged in descending order of liquidity. Therefore, M1 has the highest liquidity, and … WebSolution 1. Money supply means the total stock of money in circulation among the people at a particular point of time in an economy. Money supply consists of various … gifts to netherlands from uk
Broad Money: Definition, About Calculation, Example, and Benefits
Web18 dec. 2024 · Features of the money supply: It includes money help from the public only. The term public signifies the money using sector, i.e., individuals and business firms. It is a STOCK CONCEPT, i.e., it is concerned with a particular point in time. Measures of Money Supply: M1: It is the first and necessary measure of the money supply. Web24 aug. 2024 · 18.Assertion (A): Central bank uses many tools such as Bank rate, repo rate, reverse repo rate etc. to control money supply in the economy. Reason (R): Central bank is the apex Bank of India. Alternatives: A) Both assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). Web16 mrt. 2024 · Definition of Money Money is medium of exchange, Measure and Store of Value and Means for Standard deferred payment Money isMedium of ExchangeMeasure … fss fbt