{"id":85117,"date":"2025-06-01T03:03:53","date_gmt":"2025-06-01T03:03:53","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=85117"},"modified":"2025-06-01T03:03:53","modified_gmt":"2025-06-01T03:03:53","slug":"which-one-of-the-following-is-not-a-function-of-money","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/which-one-of-the-following-is-not-a-function-of-money\/","title":{"rendered":"Which one of the following is not a function of money ?"},"content":{"rendered":"

Which one of the following is not a function of money ?<\/p>\n

[amp_mcq option1=”Acts as an intermediate in the exchange process” option2=”Acts as a store of value” option3=”Used as the unit of account” option4=”Used for regulating consumption” correct=”option4″]<\/p>\n

\n
\n
This question was previously asked in<\/div>\n
UPSC CDS-1 – 2021<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
\nThe correct answer is D) Used for regulating consumption.
\n<\/section>\n
\nMoney performs three main functions: acting as a medium of exchange (intermediate in the exchange process), a unit of account (measuring value), and a store of value (holding wealth). Regulating consumption is not a fundamental function of money itself, although the availability of money, prices, and economic policies can influence consumption patterns.
\n<\/section>\n
\nThe primary functions of money are widely accepted as Medium of Exchange, Unit of Account, and Store of Value. Some texts also mention a fourth function, Standard of Deferred Payment. Regulating consumption is a macro-economic or individual economic activity influenced by income, prices, and other factors, but it is not a function inherent to money’s definition or role as an economic tool.
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Which one of the following is not a function of money ? [amp_mcq option1=”Acts as an intermediate in the exchange process” option2=”Acts as a store of value” option3=”Used as the unit of account” option4=”Used for regulating consumption” correct=”option4″] This question was previously asked in UPSC CDS-1 – 2021 Download PDFAttempt Online The correct answer is … <\/p>\n

Detailed SolutionWhich one of the following is not a function of money ?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1087],"tags":[1110,1112],"class_list":["post-85117","post","type-post","status-publish","format-standard","hentry","category-upsc-cds-1","tag-1110","tag-economic-and-social-development","no-featured-image-padding"],"yoast_head":"\nWhich one of the following is not a function of money ?<\/title>\n<meta name=\"description\" content=\"The correct answer is D) Used for regulating consumption. Money performs three main functions: acting as a medium of exchange (intermediate in the exchange process), a unit of account (measuring value), and a store of value (holding wealth). Regulating consumption is not a fundamental function of money itself, although the availability of money, prices, and economic policies can influence consumption patterns.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-one-of-the-following-is-not-a-function-of-money\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which one of the following is not a function of money ?\" \/>\n<meta property=\"og:description\" content=\"The correct answer is D) Used for regulating consumption. Money performs three main functions: acting as a medium of exchange (intermediate in the exchange process), a unit of account (measuring value), and a store of value (holding wealth). 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