Match the following items with respect to money.
| List I | List II |
| i. Primary functions | a. Distribution of national income |
| ii. Secondary functions | b. Measure of value |
| iii. Evils of money | c.Store of value |
| iv. Contingent functions | d.Instability of value |
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. i-b, ii-c, iii-d, iv-a.
Primary functions of money: Medium of exchange and measure of value Secondary functions: Store of value, standard of deferred payment, etc. Evils of money: Instability of value, leading to inflation or deflation Contingent functions: Help in distribution of national income, basis of credit, etc.