In the context of standard currency, the face value is equal to -

This question was previously asked in
RPF SI (2018) Official Paper (Held On : 13 Jan 2019 Shift 2)
View all RPF SI Papers >
  1. Internal Price
  2. Custom Price 
  3. External Value
  4. Token Value

Answer (Detailed Solution Below)

Option 1 : Internal Price
Free
RPF SI Full Mock Test
2.2 Lakh Users
120 Questions 120 Marks 90 Mins

Detailed Solution

Download Solution PDF

The Correct answer is Internal Price.

Key Points

  • The term face value refers to the nominal or dollar value of a security stated by the issuer.
  • In the context of standard currency, the face value is the value printed or inscribed on the currency itself.
  • Internal Price is another term used to describe the face value of a currency or bond, indicating its value as issued, without considering external market factors.
  • Face value is crucial in determining the maturity value of bonds and the amount of money to be received by the holder at maturity.
  • It is different from the market value, which can fluctuate based on supply and demand, interest rates, and other economic factors.

 Additional Information

  • Custom Price
    • Custom price generally refers to a price that is set specifically for a particular transaction or customer.
    • It is not a standard term used in the context of currency face value.
  • External Value
    • External value usually refers to the market value or exchange rate of a currency in the global market.
    • It is influenced by economic factors, demand and supply, and geopolitical events.
  • Token Value
    • Token value refers to the value assigned to a token, which can be a digital representation of an asset in blockchain technology.
    • It is not related to the face value of standard currency.
Latest RPF SI Updates

Last updated on Jun 7, 2025

-> RPF SI Physical Test Admit Card 2025 has been released on the official website. The PMT and PST is scheduled from 22nd June 2025 to 2nd July 2025. 

-> This Dates are for the previous cycle of RPF SI Recruitment.

-> Indian Ministry of Railways will release the RPF Recruitment 2025 notification for the post of Sub-Inspector (SI).

-> The vacancies and application dates will be announced for the RPF Recruitment 2025 on the official website. Also, RRB ALP 2025 Notification was released. 

-> The selection process includes CBT, PET & PMT, and Document Verification. Candidates need to pass all the stages to get selected in the RPF SI Recruitment 2025. 

-> Prepare for the exam with RPF SI Previous Year Papers and boost your score in the examination. 

More National Income Accounting Questions

More Economy Questions

Get Free Access Now
Hot Links: teen patti master official teen patti stars real teen patti teen patti joy apk