CBSE Class 10 Answered

The drawbacks of money are:

1. Hoarding - Instead of utilising the money for productive activities, people hoard the money. 
2. Black money - Money provides people a convenient way to make transactions and evade taxes by concealing their income.
3. Instability in the value of money - Too much of money reduces its value and causes inflation and vice versa. 
4. Illegal activities - Money is the root cause of thefts, murders, frauds etc and this occurs due to the greed for having money