Question : Which of the following is not a function of money?
Option 1: Medium of exchange
Option 2: Problem in storage
Option 3: Measure of value
Option 4: Standard of deferred payments
Correct Answer: Problem in storage
Solution : The correct option is a Problem in storage .
The problem with storage is not a function of money. Money is a fungible asset, which means that one unit of money is the same as another unit of money. This makes money easy to store and transport. However, money can be lost or stolen, and it can also be devalued by inflation. These are all problems associated with storing money, but they are not functions of money itself.
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