The ICSE Class 12 Economics Study Material can be found on the Extramarks website. The ICSE Class 12 Economics Study Material will be very useful in the studies of the students. Extramarks ICSE Class 12 Economics Study Material is prepared by the experts. The ICSE Class 12 Economics Study Material will make learning easier.

Having a uniform account unit in an economy is very important. In all cases, the barter system doesn't work. Having a uniform basis for all transactions, i.e. money, is therefore highly efficient and convenient. It is the basis of any economic transaction that takes place anywhere in the world. This is what most economists consider to be the money's most important function. Money has the ability to meet all your unlimited needs and desires. You want the cake, the pencil, sneakers, or all. The money is going to give you the ability to buy everything. Students will find the best study materials on the Extramarks website.

Money is liquidity, that is, it's the most liquid asset. It is the most convenient way to store wealth as you can use it directly to purchase any goods or products. No conversion is required. That's what we call money's store value.

When investing the money in some asset or bond is considered riskier than simply holding the money, the speculative motive for the demand for money arises. Also affected by the expected rise or fall of the future interest rates and economic inflation is the speculative motive for the demand for money. If interest rates are expected to increase the cost of simply holding the money, the speculative motive will also rise and decrease. And if inflation is expected to rise, the money will lose its buying power and speculative revenue will fall again. The ICSE Class 12 Economics Study Material will be very helpful for the students. The ICSE Class 12 Economics Study Material can help students in their exam preparations. The ICSE Class 12 Economics Study Material will be a huge help student. The ICSE Class 12 Economics Study Material will make students get ready for the exams.

The RBI is India's central bank. It was established under a parliamentary special act in 1935. The RBI is the country's main monetary policy authority. The RBI's main functions are to maintain financial stability and the economic liquidity level that is required. The RBI also monitors and regulates our economy's currency system. It is India's only issuer of currency notes. The RBI is the central bank that controls all other commercial banks, financial institutions, finance firms, and so on. It oversees the country's entire financial sector.
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