Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Money and Banking

Question:

Which of the following can function as a store of value?
i. Gold
ii. Landed property
iii. Houses
iv. Bonds
v. Rice grain and pulses

Options:

i, ii, iii

i, iii, iv, v

i, ii, iii, iv

All mentioned above

Correct Answer:

i, ii, iii, iv

Explanation:

Gold, landed property, houses and bonds can act as store of value. This means wealth can be carried forward in the form of these assets.