📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    Which of the following is NOT a characteristic of

    money?
    A Portability Correct Answer Incorrect Answer
    B Perishability Correct Answer Incorrect Answer
    C Divisibility Correct Answer Incorrect Answer
    D Durability Correct Answer Incorrect Answer

    Solution

    The characteristic of money that is NOT a characteristic is Perishability.  Money should be durable and not perish over time. The other characteristics, portability, divisibility, and durability, are essential features of money.

    Practice Next
    More Previous Year Paper Questions

    Relevant for Exams:

    ask-question