Money Savings and Investment

  1. Who said `Money is that which money does’?

Professor Walker

  1. What is the medium of exchange?

Money

  1. What do the term `Money’ means in Latin language?

Moneta. It is the sur name of Roamn Goddess ‘junto’.

  1. From does the word money been derived?

It is been derived from the term `Moneta’.

  1. What are the functions of money?

Medium of exchange, measure of value, Store of value and standard of deferred payment.

  1. When do we know the importance of money?

When there is deficit of money.

  1. What is savings?

The portion of money that is not spent on consumption is called as savings.

  1. What is investment?

Investment means addition to the existing production capacities.

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