Money

Suggest an economic term for the given statement:

Provision for making payments in future- ________

State with reason whether you Agree or Disagree with the following statement:

There are no difficulties in the barter system.

Suggest an economic term for the given statement:

The act of exchanging goods for goods - _________

Choose the correct option:

Arrange in the order of evolution of money

1. Plastic money
2. Paper money
3. Electronic money
4. Credit money

Choose the correct option:

Arrange in the order of evolution of money

1. Metallic money
2. Animal money
3. Metallic coins
4. Commodity money

Suggest an economic term for the given statement:

A system that makes use of currency for facilitating payments - _________

State with reason whether you Agree or Disagree with the following statement:

There are many good qualities founds in modern currency.

Identify and explain the concept from the given illustration:

Vasantsheth provides coal from his shop to farmers in exchange of food grains.