Manipur Board Class 6 Social Science Chapter 19 Barter System and Evolution of Money Question Answer Solution. This solution is under Manipur Class 6 Social Science Solution page.
Manipur Board Class 6 Social Science Chapter 19: Barter System and Evolution of Money
- Board – Board of Secondary Education, Manipur.
- Class – 6
- Subject – Social Science
- Topic – Exercise Solution / Notes / Question Answer.
1.) What is barter system?
Ans. The exchange of goods and services by one person in return for goods and services from another person is known as barter system.
2.) In a barter system, if a person needs some goods or services what does he do?
Ans. In a barter system, if a person needs some goods or services then he has to find a seller who is willing to sell that something that he wants in return to something that the seller wants.
3.) What are the demerits of a barter system?
Ans. The demerits of a barter system are lack of standard unit and account, impossibility of subdivision of goods, exchange in between perishable and non-perishable commodities etc.
4.)
a) In a barter system, money was used to buy things. (False)
b) It was difficult to exchange big commodities under the barter system. (True)
c) People used to exchange different goods or services in the barter system. (True)
d) The barter system works on the double coincidence principle. (True)
5.)
JUMBLE WORDS |
CLUE | SOLUTION |
BrtreasmSety | Exchange of goods and services without using money |
Barter System |
Eagenchx |
Give and Take | Exchange |
Gdosodnasvsecier | Example is Bread and Tailor |
Goods and services |
Cmomtyido |
Marketable item produced to satisfy wants or needs |
Commodity |
6.)
a) Give and take of commodities is known as ____.
i) Exchange ii) Barter iii) Selling iv) Marketing
Ans. i) Exchange
b) Exchanging goods and services without using money is called ____.
i) Selling ii) Exchange iii) Barter system iv) Marketing
Ans. iii) Barter system
c) The system through which one person exchanges goods and services in return to goods and services from another person is known as _____.
i) Barter ii) Carter iii) Tartar iv) Exchange
Ans. i) Barter
d) The Barter System works on the principle of ____.
i) Single coincidence ii) Double coincidence iii) Single incidence iv) Double incidence
Ans. ii) Double coincidence
e) What was generally exchanged in a barter system?
i) Goods ii) Services iii) Commodities iv) All of the above
Ans. iv) All of the above
7.)
a) The first paper rupee was made by ____. (Bank of Hindusthan)
b) Who issues notes and coins on behalf of the Govt. of India?
Ans. Reserve Bank of India
8). JUMBLE WORDS: CLUE: SOLUTION:
Dectrieag Enchx Forms of exchange Direct Exchange
Sehr Sahh Sriu Introduces metal coins Sher Shah Suri
9.)
a) The Hindi word “Rupiya” is derived from a Sanskrit word ____.
i) Rupaya ii) Rupia iii) Rupyaiv) Rupay
Ans. iii) Rupya
b) The _____ issues coins and notes on behalf of the Government of India.
i) RBI
ii) RPI
iii) SBI
iv) SPI
Ans.i) RBI
c) Which discovery helped in the introduction of money as a medium of exchance?
i) Chemicals ii) Fire iii) Forging Techniques iv) Metal
Ans. iv) Metal
d) When was coin first introduced?
i) 5th century B.C. ii) 6th century B.C. iii) 7th century B.C. iv) 8th century B.C.
Ans.ii) 6th century B.C.
e) What were coins first made of?
i) Gold and Silver ii) Silver and Copper iii) Copper and Gold iv) Silver, Copper and Gold
Ans. i) Gold and Silver
f) Who introduced a silver coin termed the “Rupiya”?
i) Aurangazeb ii) Babur iii) Shahjahan iv) Sher Shah Suri
Ans. iv) Sher Shah Suri
g) The Rupee was issued in the period between 1770 to1832 by ___.
i) Bank of India ii) British Government iii) Bank of Hindusthaniv) Bank of Bharat
Ans. iii) Bank of Hindusthan
h) At present notes and coins are issued by ____.
i) State Bank of India ii) Reserve Bank of India iii) State Government iv) Bank of India
Ans.ii) Reserve Bank of India