Which of the following can function as a store of value? |
i, ii, iii i, iii, iv, v i, ii, iii, iv All mentioned above |
i, ii, iii, iv |
The correct answer is Option 3: i, ii, iii, iv Store of value refers to a characteristic of an asset that allows it to retain its value over time, making it possible to save wealth and use it in the future. An effective store of value preserves the purchasing power of money or assets, despite the passage of time. Explanation:
Rice grain and pulses are perishable and may not effectively function as a store of value in the long term due to their limited shelf life. |