Advertisements
Advertisements
प्रश्न
What is a barter system?
Advertisements
उत्तर
A barter system is a system that was used in ancient times to exchange goods. In other words, this system was used to exchange one commodity for another before the monetary system came into existence. For example, if a person having rice wants tea, then he can exchange rice with a person who has tea and needs rice. The economy having the barter system was called the ‘C-C economy’, i.e., a commodity is exchanged for a commodity.
APPEARS IN
संबंधित प्रश्न
Write answer in 'one' or 'two' paragraph .
Explain the primary functions of money.
Explain primary, secondary and contingent functions of money.
From the following data, calculate "Net Value Added at Factor Cost".
| S.no. | Content | (Rs. in Lakhs) |
| (i) | Sales | 400 |
| (ii) | Change in Stock | (−) 20 |
| (iii) | Intermediate consumption | 200 |
| (iv) | Net indirect taxes | 40 |
| (v) | Exports | 50 |
| (vi) | Depreciation | 70 |
Which of the following are the functions of money?
“The value of all goods and services can be expressed in monetary units.”
On the basis of the given statement, identify the function performed by money:
‘Money is an asset which can be stored for use in future.
In the light of given statement, identify the function of money.
“Money helps to express the monetary value of goods and services in the market”.
On the basis of the given statement, Identify the function performed by money.
Which function of money helps avoid the problem of finding someone who wants exactly what you offer in exchange?
Saving pocket money in a piggy bank mainly shows which function of money?
Which function of money allows a person in one city to send value to a person in another city?
The total income of a country expressed in money terms represents which function of money?
Banks use public deposits of money to create loans. Here money is mainly acting as ______.
Store of Value is also called which function of money?
For Maximisation of Profit / Employment of Factors, money helps producers decide what?
Which group of variables is measured in money terms?
Comparing prices of two brands of chips is an everyday example of which function?
