CUET UG Unit 4: Financial Sector: Money & Banking System — practice questions

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Unit 4: Financial Sector: Money & Banking System questions and exercises with answers

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Order the functions of money — primary then secondaryRead the answer and worked solution →

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Order the functions of money — primary then secondary

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Steps

Medium of exchange (primary)
Measure of value (primary)
Standard of deferred payment (secondary)
Store of value (secondary)
Transfer of value (secondary)

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