Question : Match the following items concerning money.
| List I | List II |
| i. Primary functions | a.Distribution of national income. |
| ii. Secondary functions | b.The measure of value. |
| iii. Evils of money | c.Store of value. |
| iv. Contingent functions | d.Instability of value. |
Option 1: i-d, ii-c, iii-a, iv-b
Option 2: i-a, ii-d, iii-b, iv-c
Option 3: i-c, ii-b, iii-a, iv-d
Option 4: i-b, ii-c, iii-d, iv-a
New: SSC CHSL tier 1 answer key 2024 out | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
Correct Answer: i-b, ii-c, iii-d, iv-a
Solution : The correct answer is i-b, ii-c, iii-d, iv-a.
i. Primary functions; b. Measure of value
Money is a universal metric for assessing the value of goods or services, allowing their worth to be quantified in monetary terms.
ii. Secondary functions: c. Store of value
An essential aspect of money involves its capacity for storage or preservation.
iii. Evils of money; d. Instability of value
A significant drawback of money is its inherent tendency to experience fluctuations in value, leading to economic instability. A scarcity of money elevates its value, leading to deflation or a decline in price levels.
iv. Contingent functions: a. distribution of national income
Money plays a vital role in fairly distributing the national output among contributors in modern society, including workers, capital owners, and landlords.
Related Questions
Question : Match correctly the Nutrient deficiency given in List -I with the diseases caused by the deficiency given in List -II.
| List - I | List - |
Question : Match the items in List I with those in List II.
| Measure of Money Supply | Formula |
| i. M1 | a. M1 |
Question : Match List I with List II and choose your answer from the code below:
| List I | List II |
| i. Service tax | a. Capital |
Know More about
Staff Selection Commission Combined High ...
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Get Updates Brochure
Your Staff Selection Commission Combined Higher Secondary Level Exam brochure has been successfully mailed to your registered email id “”.
