Direction: Q. 6 to 10 |
Read the following case study article and answer the questions. |
Source The Economic Times/New Delhi/ September 25, 2012, P.2. |
A) Commodity money
B) Precious metals
C) Coinage
D) Currency notes
Correct Answer: A
Solution :
Commodity money was the first step taken out of barter system, under this system one specific commodity was considered as money and goods and services were exchanges against it.You need to login to perform this action.
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