2021 · Q25
Which one of the following is not a function of money ?
General KnowledgeIndian Economy
- AActs as an intermediate in the exchange process
- BActs as a store of value
- CUsed as the unit of account
- DUsed for regulating consumption
Explanation
The standard functions of money are: medium of exchange (acting as an intermediate in the exchange process), store of value, and unit of account (measure of value). Regulating consumption is a policy or behavioural outcome, not a function of money. Option D is therefore not a function of money.