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The system of direct exchange between different commodity and service is known as ______. - Economics

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Question

The system of direct exchange between different commodity and service is known as ______.

Options

  • Barter system

  • Monetary system

  • Banking system

  • Market system

MCQ
Fill in the Blanks

Solution

The system of direct exchange between different commodity and service is known as barter system.

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Chapter 6: Meaning and Functions of Money - Exercise [Page 132]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 6 Meaning and Functions of Money
Exercise | Q 31. | Page 132
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