Economics · Monetary Economics
What is meant by the 'value of money'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1The face value stamped on legal tender coins
- 2The cost incurred by the central bank in printing currency
- 3The total volume of gold reserves backing the currency
- 4The purchasing power of money over goods and services✓
Correct answer
The purchasing power of money over goods and services
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Monetary Economics MCQs →Want more practice questions on Monetary Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Monetary Economics