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  • Money has been considered as primary invention of man, this statement is given by: #181
  • Which of the following is not a function of money? #182
  • Which of the following is not the function of money, according to Hartley Withers? #183
  • Meaning of Exchange is: #184
  • Something which is freely used and generally accepted as: a medium of exchange and as a unit of account is called: #185
  • Medium of exchange and measure of value, both are the constituents of: #186
  • Which of the above are the essential qualities of a good money material? Consider the following: 1) Scarcity 2) Homogeneity 3) Durability 4) Divisibility #187
  • Which of the above are the secondary functions of money? Consider the following: 1) Store of value 2) Measure of value 3) Transfer of value 4) Standard of deferred payments #188
  • Which of the above are contingent functions of money? Consider the following: 1) Basis of credit 2) Distributor of collective production 3) Helps in the maximization of utility 4) Guarantor of solvency #189
  • Money performs its contingent functions normally in: #190
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