Functions of Money — Landmark Events

Landmark Events

No specific landmark judgment on 'Functions of Money' as it's an economic concept, not a legal dispute. However, the legal tender status is crucial.

N/A (Legal Framework)

The legal tender status, primarily derived from the Reserve Bank of India Act, 1934 (Section 26) and the Coinage Act, 2011, is fundamental to money's functions. It ensures that…