Advertisements
Advertisements
Question
Barter system had many deficiency like.
- Lack of double coincidence of wants
- No difficulties of storing wealth
- Common measure of value
- Indivisibility of commodities.
Options
I and II is correct
I and IV is correct
I, III, and IV is correct
All are correct
MCQ
Solution
I, III, and IV is correct
shaalaa.com
Evolution of Money
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
In the ______ year, Reserve Bank of India was established.
The word rupee is derived from ______.
Recent plastic money is ______.
178 gms of silver coin were issued by ______.
Paper money regulated and controlled by the ______ of the country.
______ the Mughal Emperor gave permission to the Britishers to coin Mughal money at the Bombay mint.
______ money derives its value only because of government order.
Which of the following are the qualitative measures of RBI?
The evolution of money started with ______ stage.
During barter exchange the rate of exchange was arbitrarily fixed. This resulted from ______.
