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World geography miscellaneous

  1. Which one is not a function of money ?
    1. Transfer of value
    2. Store of value
    3. Price stabilisation
    4. Value measurement
Correct Option: C

Generally, economists have defined four types of functions of money which are as follows: (i) Medium of exchange (transfer of value) (ii) Measurement of value, (iii) Standard of deferred payments, and (iv) Store of value. Price stabilization is a function of monetary policy.



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