Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / jp morgan
Wealth is a term used to describe anything which can be a
utility depending upon the need. In terminology of economics
wealth is a pool of tangible or intangible assets such as
goodwill or strong brand image which can be a resource of gain.
While money is the valued entity which can be exchanged for
another utility item. It’s different from the wealth which
is a more general word to express pool of utility. Money
can be considered a subset of the set wealth. A demand draft
or credit card can qualify as money.
But cash is specifically used for a means of exchange which
is approved by a regulatory body as currency. So dollars and
euro come under the category of cash, and cash is a subset
of money.
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
Give some examples of RRBs.
What are the basics of Monetary policy?
WHAT ARE THE SECTIONS OF SOX THAT ARE RELATED TO INTERNAL CONTROL?
tell us something about nabard and its functions.
What do you mean by 'capital expenditure'?
What is a lease agreement?
Hi to all Q: how you will evaluate yourself in excel if any the range one is worst and five is excellent. Mail if you know the answer to imaanbalu@gmail.com
When was NABARD established?
Give an example when you had a clash with your peer. What did you do in that situation?
I completed MBA finance in the year 2000-2002 fromAndhrauniversity. Now i want to do Mphil and phd . I secured 58% what is the Procedure.please suggest me
What is the major functions of any bank?
What are T- Bills?
Tell me something about Base Rate?
What are the various departments of RBI?
What is the basic difference between recruitment and selection process?
