Which of the following is NOT a function of money?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. Problem in storage.
The term "Problem in storage" is NOT a function of money. The primary functions of money are: medium of exchange, facilitating transactions; measure of value, providing a standard to assess worth; and standard of deferred payments, allowing for future transactions. "Problem in storage" refers to a potential issue related to physical assets or commodities, not a function of money itself. Money is designed to overcome such storage problems by being easily divisible and portable.