Question

Define Money. Explain its functions and role in the Indian Econony.​

Answer 1

Answer:

money is a medium for exchange of goods. it is used to buy and sell various goods n services.

money has a very important role to play in the Indian economy. vitout money da services n goods in an economy cannot b used or exchanged...n without da exchange of goods n services an economy cannot go ahead n compete.

Answer 2

IN ANY COUNTRY THE ARTICLE, WHICH ACTS AS THE MEDIUM OF EXCHANGE, THE MEASURE OF VALUE, THE STANDARD TO DEFERRED PAYMENT AND AS THE STORE OF VALUE , IS DEFINED AS MONEY