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Question Practice

What is the barter system?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 7
Social Science
Exploring Society India and Be...
From Barter to Money
Question Bank

What is the barter system?

Single Answer MCQ
Q-00130415

What is the barter system?

1

A system using money for exchange

2

A method of trading goods and services directly

3

A form of digital payment

4

A system of credit transactions

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Keep Practising

Students who asked this also explored

Continue with nearby questions to strengthen the same chapter concept while you still have the context fresh in mind.

Q1.

Which of the following is a limitation of the barter system?

Single Answer MCQ
View explanation
Q2.

In the barter system, which item listed was commonly used as a commodity?

Single Answer MCQ
View explanation
Q3.

What problem does the term 'portability' refer to in the barter system?

Single Answer MCQ
View explanation
Q4.

Why is money considered to be an improvement over barter?

Single Answer MCQ
View explanation