Which of the following is Not a characteristics that money should ideally possess to serve its function as money.

CA Foundation · Business Economics · MTP · June 2024
Which of the following is Not a characteristics that money should ideally possess to serve its function as money.
(A) A. Generally Acceptable & possessing uniformity
(B) B. Durable or long-lasting
(C) C. Portable & effortlessly recognizable
(D) D. Easily counter feitable

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Easily counter feitable

Topics: Business Cycles

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