Nagpal, Dr. Sushant - 2018
The standing of a currency is measured by how sound it serves three main purposes, viz.:i) measurement of economic … value (for which a currency has to be fungible, divisible & countable), ii) medium of exchange (accepted as legal tender by … buyers and sellers) and,iii) store of value (feel secure with its buying power). So, broadly, the currency can be in any one …