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Question :

Which one is not a function of money?

Option 1:

Transfer of value

Option 2:

Store of value

Option 3: Price stabilisation

Option 4: Value measurement


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: Price stabilisation


Solution : The correct answer is P rice stabilisation .

Price stability does not fall under the purview of a specific monetary function. It entails the continuous maintenance of consistent prices over time, a goal that can be accomplished through the implementation of either monetary or fiscal policies. Monetary policy involves the manipulation of interest rates and the money supply to impact the economy, while fiscal policy pertains to the use of government spending and taxation to shape economic conditions.

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