| Directions : Read the following statements : Assertion (A) and Reason (R). Choose one of the correct alternative. |
| Assertion (A): Double coincidence of wants is the Limitation of barter system. |
| Reason (R): It was difficult and time-consuming to find a person who is not only willing to exchange goods but also possess that particular commodity which is required by the first person. |
A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
B) Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A).
C) Assertion (A) is true but Reason (R) is false.
D) Assertion (A) is false but Reason (R) is true.
Correct Answer: A
Solution :
[a] Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
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