Q: For anything to be recognized as money, it needs to have which of the following characteristics? 1. Act as an intermediate in the exchange process 2. Standard unit for quoting prices 3. Must be easily divisible 4. Have higher value in alternative uses Select the correct answer using the code given below.
(a)1, 2 and 4
(b)2 and 3 only
(c)1, 2 and 3
(d)1, 3 and 4
Correct Answer: (c)
The correct answer is (c): 1, 2 और 3. Subject: Indian Economy | Sub-topic: General Note: This answer was determined through AI-based research. Verify against the official answer key when available.