Question

Define money explains the function of money

Answer 1

the means of paying for something or buying something [coins or notes]

धन, पैसा (सिक्‍के या नोट)

Answer 2

Hello !

Money is something which people generally accept in exchange for a good or a service. Money performs four main functions:

Functions of Money

• a medium of exchange for buying goods and services;

• a unit of account for placing a value on goods and services;

• a store of value when saving;

• a standard for deferred payment when calculating loans.

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