CUET Economics - Among the following what are the functions of money? (A). Medium of exchange. (B). Unit of account. (C). Unit of purchasing power. (D). Store of value. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 22 May Shift 1

Macro

Easy

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

✅ Correct Option: 1

Related questions:

2 June Shift 1

Arrange the following statements in sequential order.

(A) Rise in prices.

(B) Central Bank increases margin requirement.

(D) Aggregate demand falls.

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Central Bank is a very important institution in a modern economy. Almost every country has one central bank. India got its central bank in ......

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Which are the following statements are true:

(A) Open Market Operations refers to buying and selling of bonds issued by the Government in the open market.

(B) Currency notes and coins are called fiat money.

(D) M1 and M2 are known as narrow money.

Choose the correct answer from the options given below:

CUET Economics 2025 22 May Shift 1 PYQs