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Question : Due to which of the following reasons can money be differentiated from other physical assets that can perform the function of store of value?

Option 1: Money has common acceptability

Option 2: Money possesses liquidity

Option 3: Money is neutral

Option 4: Money is easy to store


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Money is easy to store


Solution : The correct option is Money is easy to store.

Money can be differentiated from other physical assets that can serve as a store of value because it is easy to store. Unlike some physical assets like real estate, precious metals, or commodities, money does not require significant storage space, special conditions, or maintenance.

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