Civil Services TNPSC Group 1 (New Syllabus) Mock Test 2025 General Knowledge Economy Money and Banking
Which of the following statements is correct about the value of money?
i. It is directly related to the price level.
ii. It is not related to the price level.
iii. It is indirectly related to the price level.
1
None of the statements are correct
2
Only ii is correct
3
Only iii is correct
4
Only i is correct