Which one of the following statements correctly describes the meaning of legal tender money?

Exchange rates state the value of one currency in terms of other currencies. Which one of the following statements with respect to the exchange rate of currency is correct?

Which one of the following is not a function of money?

Which of the following is/are NOT a function/s of money?

Which of the following statements is not true in the context of foreign exchange reserves of India?

In which one of the following countries is Rupee its currency?