Q: Which one of the following is not a function of money?
(a)Acts as an intermediate in the exchange process
(b)Acts as a store of value
(c)Used as the unit of account
(d)Used for regulating consumption
Correct Answer: (d)
The correct answer is (c) 'Working as a unit of account (standard of deferred payment)'. This question from the General Studies domain tests knowledge of Miscellaneous.